A television network in India has filed a suit against Nielsen Company in the New York State. The lawsuit alleges that Nielson’s Indian subsidiary, TAM Media Research, has manipulated ratings in exchange for bribes. New Dehli Television claims that nearly one billion dollars in advertising revenue was lost because of the false ratings.
While this particular case is new, ProtectLawyers.com reminds clients that violations of the Foreign Corrupt Practices Act (FCPA) are not new. Anyone advising international corporations need to train employees on the FCPA to prevent instances or allegations of bribery and other corrupt practices from being levied against the company. We advise any company operating internationally to purchase directors and officers liability coverage that provides limited coverage against FCPA claims.