Month: June 2022

Tenaris Bribery settlement

SEC Fines Tenaris $78M for FCPA Violations in Brazilian Bribery Scheme

On By CC360 Staff

Tenaris, a Luxembourg-based global maker and supplier of steel pipe products, on Thursday reached a $78 million settlement with the Securities and Exchange Commission for violations of the Foreign Corrupt Practices Act (FCPA) related to an alleged bribery scheme involving its Brazilian subsidiary. According to the SEC’s order, the resolution Read More

Supreme Court Ruling on HB20

Supreme Court Blocks Texas Law Restricting Social Media Sites from Removing Content

On By Jaclyn Jaeger

A divided U.S. Supreme Court on Tuesday temporarily blocked a Texas law (HB20) that would ban social media platforms—like Facebook, Twitter, and YouTube—from moderating their content. The Texas law in question, HB20, in part, prohibits social media platforms from “censoring” the viewpoints posted by users. In effect, the law makes Read More