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Former Alstom Executive Granted Post-Trial Acquittal of FCPA Charges

March 4, 2020, Covington Alert

The following alert is a summary of the district court’s acquittal of UK citizen Lawrence Hoskins, a former senior vice president at the French power and transportation company Alstom S.A. (“Alstom”), on FCPA bribery and conspiracy charges. Alstom pleaded guilty in 2014 to two counts of violating the FCPA in connection with a worldwide bribery scheme that encompassed Hoskins’s alleged actions. In connection with the guilty plea, Alstom paid a $772 million criminal penalty.

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