The GC Who Blew the Whistle

, The American Lawyer

   | 5 Comments

How a Foreign Corrupt Practices Act investigation turned the chief legal officer of Bio-Rad Laboratories into the company's chief legal adversary.

This premium content is reserved for Global Lawyer News subscribers.

Continue reading by getting started with a subscription.

Already a subscriber? Log in now

What's being said

  • Not Hayek

    The irony of F. Hayek‘s post could not be more rich. Complaining about the need for the FCPA in the comment section of an article that clearly demonstrates the lengths to which some businesses will go to pursue their unethical and dirty practices is pretty rich indeed. The absurdity of the "free market" mindset of certain conservative lunatics like F. Hayek (a conclusion that is easy to draw about this person based on his derogatory label for the previous U.S. president) is laid bare by stories like this. Left to their own devices, corporations through their unethical "leaders" will cut every corner possible.

  • F. Hayek

    Work will set you free, Mr. Fisch.

  • F. Fisch

    BTW, Mr. Hayek, he does not ever need to work again now! As for Glenda, get the he** OUT of this forum. It is only for serious legal discussion.

  • F. Fisch

    Could not disagree with Hayek more. The FCPA strikes a balance between allowing illegal kickbacks while acknowledging that doing business in some foreign countries involves practices that may be far different from or even anathema to an honest US business. Wadler was ingenious here and so were his lawyers-- what a bunch of dummies at BioRad and QE to not know about the metadata-- the company was effectively trying to put over a fraud on the court-- glad they got caught. Potter and QE look like quite the fools here. Their appeal will go no where-- better settle now for about $8-10M. Mr Hayek sounds like a corporate counsel who has had his t** in a similar wringer.

  • F. Hayek

    The FCPA is an abomination that thwarts U.S. companies‘ competitiveness overseas. If shady characters in Russia, China or Vietnam need their palms greased before sales can be made, what business is that of the SEC or DOJ? And why in the world would Mr. Wadler continue to kvetch internally after Bio-Rad had already undergone a $55 million proctology exam at the cold hands of Obammunist regulators? In any case, it‘s a good thing Wadler won his case because the incompetent turncoat will never work again.

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article #1202784500721

Thank you!

This article's comments will be reviewed.