Compliance Lessons Learned from Panasonic Avionics $280 Million FCPA Enforcement Action (Part II of II)
The Panasonic Avionics (PAC) FCPA enforcement settlement for $280 million with the Justice Department and the Securities and Exchange Commission contains a number of important lessons learned. The overall scope and breadth of PAC’s misconduct was significant and reflects the absence of a meaningful compliance program and commitment to a culture of ethics. Here are the important lessons learned: C-Suite Misconduct: PAC is yet another...
