Partner Rohan Virginkar was quoted in “Telia’s No-Monitor FCPA Deal Could Be A Model,” published in Law360, about Swedish telecommunications firm Telia Co. AB’s recent settlement with the federal government over foreign bribery allegations. The nearly $1 billion settlement did not require the company to hire a corporate monitor, a requirement typically seen in other FCPA settlements. Telia did, however, terminate the employment of all personnel directly involved in the alleged misconduct.
Virginkar said the no-monitor aspect of the settlement reflects past Department of Justice pronouncements. “This case is tangible evidence of what the department has been saying for some time: Where a company has taken meaningful steps, the government won’t insist on a monitor,” he said.
Virginkar said the no-monitor aspect of the settlement reflects past Department of Justice pronouncements. “This case is tangible evidence of what the department has been saying for some time: Where a company has taken meaningful steps, the government won’t insist on a monitor,” he said.
Related News
January 6, 2026
In the News
Kyle Faget Weighs in on Pharmaceutical Industry Legal Battles
Foley & Lardner LLP partner Kyle Faget shared insight with Law360 on major legal topics affecting the pharmaceutical industry.
January 2, 2026
In the News
Rajiv Dharnidharka Examines Trade Secret Litigation Trends
Foley & Lardner LLP partner Rajiv Dharnidharka commented on anticipated developments in trade secret law this year in the Law360 article, “Trade Secret Trends To Watch In 2026.”
January 2, 2026
In the News
Nicholas O'Keefe on DExit Movement
Foley & Lardner LLP partner Nicholas O’Keefe examined whether there were lessons to be learnt from the Delaware Supreme Court’s recent decision reinstating Elon Musk’s performance award, in Agenda, a Financial Times publication.