Cisco obtains declinations from DOJ and SEC in FCPA investigations
Davis Polk advised Cisco Systems, Inc. (“Cisco”) on investigations conducted by the U.S. Securities and Exchange Commission (“SEC”) and the U.S. Department of Justice (“DOJ”) into potential breaches of the Foreign Corrupt Practices Act (“FCPA”) related to business activities in Russia and elsewhere in the Commonwealth of Independent States. On September 9, 2016, Cisco announced that following the investigations both the SEC and DOJ informed the company that they decided not to bring enforcement actions.
The Davis Polk litigation team included partners Linda Chatman Thomsen, Neil H. MacBride, Neal A. Potischman and Greg D. Andres, counsel Michael Scheinkman and associates Juliana Murray, Sarah Breslow, Arif H. Dhilla and Philip Woolley Young. Members of the Davis Polk team are based in the New York, Washington DC and Northern California offices.
WilmerHale and Walker Stevens Cannom Yang LLP served as co-counsel.