IBM’s FCPA Enforcement Action Settlement
March 23, 2011
On March 18, 2011, Cravath client IBM announced that it has entered into an agreement to settle allegations made by the Securities and Exchange Commission (the “SEC”), that it violated the books and records and internal control provisions of the Foreign Corrupt Practices Act. Without admitting or denying the SEC’s allegations, IBM agreed to pay $10 million.
The Cravath team included partners Evan R. Chesler and Peter T. Barbur and associates Karl C. Huth, Katherine Deringer Janson and John E. Roberts.
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People
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J.D., 1975, New York University School of LawOrder of the Coif, John Norton Pomeroy Scholar, cum laude
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M.A., 1973, Hunter Collegesumma cum laude
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A.B., 1970, New York University
Education
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J.D., 1987, New York University School of LawOrder of the Coif, Root-Tilden Scholar, cum laude
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B.A., 1983, Dartmouth CollegePhi Beta Kappa, magna cum laude
Education
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