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Expert Analysis

5th Circ. Ruling Leaves Open Questions On FCPA Liability

By Bruce Yannett, Winston Paes and Philip Rohlik ( March 24, 2023, 1:55 PM EDT) -- In a much-awaited ruling, the U.S Court of Appeals for the Fifth Circuit declined to join the U.S Court of Appeals for the Second Circuit in rejecting the application of conspiracy or aiding and abetting liability to foreign nonissuers not otherwise covered by the Foreign Corrupt Practices Act....

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