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Homer Moyer Quoted Regarding High Costs of FCPA Investigations in BusinessWeek

Subtitle
"Avon Bribe-Probe Clean-Up Neared $500 Million as Sales Cratered"

BusinessWeek

Homer Moyer was quoted regarding the increasingly exorbitant costs of FCPA investigations. "The costs of some of these investigations are stupefying and the question is could they have been done differently, less expensively, but still rigorously and in a way that would satisfy the agencies," Moyer said. In the case of one of the largest internal investigations of corrupt payments and alleged violation of the FCPA, multiple firms were involved at various points. While some lawyers suggest that the astounding costs are not out of line and that it is common for investigations to cost much more than the amount of the final penalty, others argue that management costs can be reined in.