Tag Archives: Government Investigations

Hunton Insurance Lawyers Sergio F. Oehninger and Geoffrey Fehling Provide a Primer on Insurance Coverage for FCPA Claims and Investigations

The frequency and magnitude of Foreign Corrupt Practices Act of 1977 (FCPA) (15 U.S.C. § 78dd-1, et seq.) investigations and claims continue to grow. Last month, the U.S. Securities and Exchange Commission announced that Halliburton Co. had agreed to pay $29.2 million in fines and penalties to settle allegations that its operations in Angola and … Continue Reading

FIFA’s D&O Insurer Cannot Kick Defense Coverage

Yesterday, a federal court found that FIFA’s D&O insurer is obligated to reimburse and advance legal costs for the defense of Eduardo Li, one of the defendants in the FIFA racketeering and fraud prosecution. Li v. Certain Underwriters at Lloyd’s, London, No. 15-cv-6099 (E.D.N.Y. Apr. 27, 2016). Li was the president of the Costa Rican … Continue Reading
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