United States v. Daniel Ray Rothrock (W.D. Tex. 2001)

• Case Name
• United States v. Daniel Ray Rothrock (W.D. Tex. 2001)

• Date Filed
• 09/03/2002

• Enforcement Agency
• DOJ

• Countries
• Russia

• Foreign Official
• Officials of the Government Owned Purchasing Agency.

• Date of Conduct
• 1992 to 1993

• Nature of Business
• Sale of approximately 20 work-over oil rigs to RVO Zarubezhneftestroy (“Nestro”), a Russian government-owned purchasing agency, by The Cooper Division of Allied Products Corporation (“Allied”).  Allied is a Delaware corporation based in Chicago, Illinois, and a U.S. issuer.

• Influence to be Obtained
• Rothrock was charged with one count of causing the issuer, Allied, to keep false books and records\to conceal a payment to the Director General of Nestro to secure the oil rig sale contract.

• Enforcement
• Daniel Ray Rothrock, vice president of Allied’s Cooper Division with responsibility for international sales, was charged with one count of causing the issuer, Allied, to keep false books and records and so violating the FCPA.  Rothrock pled guilty and was sentenced to one year’s unsupervised probation and a $100 special assessment.

• Amount of the Value
• $300,000.

• Amount of Business Related to Payment
• $5.5 million, plus other unstated amounts.

• Intermediary
• Trading & Business Services, Ltd.

• Compliance Monitor
• No

• Reporting Requirements
• No

• Case is Pending?
• No

Daniel Ray Rothrock

• Citation
• United States. v. Rothrock, No. 5:01-cr-00343 (W.D. Tex. 2001).

• Date Filed
• 09/03/2002

• Filed Under Seal
• No

• FCPA Statutory Provision
• • Books-and-Records

• Other Statutory Provision
• None

• Disposition
• Guilty Plea

• Defendant Jurisdictional Basis
• Agent of Issuer

• Defendant's Citizenship
• United States

• Individual Sanction
• 1-Year Probation.