Law360 quoted Waymaker Partner Brian Klein speaking about the upcoming USA v. Gordon Coburn et al. trial in a story about New Jersey cases to watch in 2024. Klein said, “This is a high-profile prosecution of a CEO and chief legal officer. There aren’t a lot of Foreign Corrupt Practice Act trials out there.”
“Usually, the company takes a plea or enters into a non-prosecution agreement and individuals implicated in the bribery aren’t prosecuted, often because they are located abroad, making them difficult to arrest and extradite,” Klein said. “So this is a pretty unique situation that an FCPA trial of executives based in the U.S. is going to trial.”
In the 12-count indictment, Gordon Coburn, the former Cognizant chief executive, and Stephen Schwartz, the former chief legal officer, have been charged with approving a $2 million payment to an Indian Government official in exchange for a permit to speed up a construction project in Chennai, India that had been long delayed.
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