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.
December 9, 2025
Managing Director Ryan Marsh, PhD provided an expert report and testimony in a high-stakes case involving real estate investment fraud. A Houston jury found in favor of the plaintiff, based in part on Dr. Marsh’s testimony.
Dr. Marsh was retained by McCathern, Shokouhi, Evans to provide expert testimony and quantify damages on behalf of their client. The complex dispute centered around a real estate investment transaction in which the defendant, the general partner and attorney, was alleged to have defrauded the plaintiff.
Dr. Marsh conducted rigorous analysis to assess the damages arising from defendant’s conduct and the at-issue real estate transaction. He issued an expert report in April 2024, testified at deposition in June 2024, and delivered trial testimony before a jury in the 295th District Court of Harris County, Texas in September 2025. At trial, Dr. Marsh delivered clear, compelling insights, offering a supported range of reasonable values that quantified the plaintiff’s losses and helped the jury better understand the financial impact of the defendant’s conduct.
Following an intense eight-day trial in October 2025, the jury ruled in favor of the plaintiff on all six counts of fraud presented to them and delivered a $1.71 million verdict, within the range Dr. Marsh identified.
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.