Article | June 30, 2026
FCPA Enforcement: Where the Bribery Actually Happened
FCPA enforcement trends analyzed by geography. Discover where bribery risk is concentrated and how it impacts global compliance, investigations and risk management.
May 12, 2020
Intensity joined Secretariat on February 1, 2023.
Intensity provided economic analysis pertaining to whether an alleged trade secret has independent economic value. The alleged trade secret relates to a particular strain of the Clostridium botulinum bacterium, whose neurotoxin has applications in medical and cosmetic treatments for certain conditions.
Intensity performed its analysis on behalf of a company that provides medical products for use in aesthetic indications. The company was accused of unlawful importation of certain products claimed to use the alleged bacterial strain trade secret. Intensity researched the history of commercial organizations having access to the type of strain asserted and the barriers to entry for potential entrants into the botulinum neurotoxin marketplace as they relate to acquisition of a commercially viable neurotoxin supply. As part of a market approach, Intensity’s research informed its economic analysis, which included a thorough evaluation of the botulinum neurotoxin marketplace to assess the commercial availability of the particular type of strain claimed to be a trade secret, the availability of alternative bacterial strains suitable for commercialization, and the supply of botulinum neurotoxin by commercial laboratories. In addition, Intensity evaluated the extent to which economic evidence supported value attributable to genetic differences between the asserted bacterial strain and publicly known and/or commercially available strains.
Intensity’s analysis was presented at an International Trade Commission evidentiary hearing.
FCPA Enforcement: Where the Bribery Actually Happened
FCPA enforcement trends analyzed by geography. Discover where bribery risk is concentrated and how it impacts global compliance, investigations and risk management.
Secretariat is pleased to share that 56 of our experts have been recognized in the Lexology Index 2026 Construction report for their outstanding work on complex construction disputes and claims around the world. With 12 experts named as Global Elite Thought Leaders—the report’s most exclusive ranking, achieved by only 5% of listed professionals—Secretariat has earned the No. 1 spot in this category for the second year in a row among more than 750 ranked firms.
Eric Poer, a Managing Director in Secretariat’s Global Investigations & Disputes practice, was retained by the U.S. Securities and Exchange Commission (SEC) to serve as their forensic accounting expert in a high-profile securities fraud dispute.