Wednesday, May 1, 2013
Volume:
29
Issue:
5
Abstract:
On February 19, 2013, U.S. District Judge Shira A. Scheindlin of the U.S. District Court Southern District of New York issued an opinion and order dismissing U.S. securities law charges, arising out of corruption charges against Herbert Steffen, a German national and former executive at Siemens Aktiengessellschaft (“Siemens”), a multinational engineering and electronics conglomerate headquartered in Germany.[1]