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Homer Moyer and James Tillen Quoted on Forbes.com Regarding on the Rise in Civil Litigation Following FCPA Disclosures

Subtitle
"Plaintiff Lawyers Join The Bribery Racket"

Forbes

Homer Moyer and James Tillen discuss the increase in shareholder and other civil lawsuits following the announcement of FCPA enforcement actions. "We are seeing a variety of civil lawsuits that we simply didn't see" before, says Moyer. "It's coincidence of course with the great number of FCPA cases and the size of the penalties." Says Tillen, "Every single company that has settled or disclosed recently seems to be followed with a press release from one of these plaintiff firms seeking shareholders to file suit." According to Moyer and Tillen, plaintiff firms have extracted FCPA-related settlements in civil litigation from companies like Faro Technologies, which paid $6.9 million; Nature's Sunshine, which paid $6 million, Immucor, $2.5 million; and Syncor, $15.5 million.