FCPA Shareholder Derivative Plaintiffs Rack Up Strikes but Keep Swinging

Donald A. Corbett, a member at Lowenstein Sandler, and Daniel K. Roque, counsel to the firm, write that following headline-grabbing stories of arrests and multimillion-dollar settlements with the DOJ and SEC related to alleged Foreign Corrupt Practices Act violations, shareholders have filed a number of derivative actions against such household names as Avon Products, Hewlett-Packard, Smith & Wesson, and Wal-Mart.

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