Tagged: Westport Fuel Systems FCPA

Canadian Fuel Technology Company and Former CEO Settle SEC FCPA Case

Westport Fuel Systems, a Canadian clean fuel technology company, and its former CEO, Nancy Gougarty, agreed to settle FCPA charges with the SEC for $4.1 million and $120k, respectively. Starting in 2016, Westport, through Gougarty and others, engaged in a scheme to bribe a Chinese foreign government official to obtain business and a cash dividend from Westport’s joint venture in China.  Westport’s largest joint venture...