LBKM secures outstanding result for individual investigated for Siemens FCPA offenses
In December 2011, U.S. federal authorities charged Andres Truppel, an Argentine and German citizen, as one of the seven non-U.S. Siemens executives who allegedly executed a bribery scheme on behalf of Siemens in Argentina. In 2015, Mr. Truppel waived extradition from Argentina and pled guilty in the U.S. District Court for the Southern District of New York to one count of conspiracy to violate the Foreign Corrupt Practices Act. On Friday, March 13, 2020, Mr. Truppel was sentenced in the U.S. District Court for the Southern District of New York to time served, with no supervisory probation or fine imposed, and was allowed to return to Argentina. We believe the sentence was just and proper, and are pleased to have helped Mr. Truppel achieve a favorable result that allows him to put this matter behind him.