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In January, a unit of Alcoa pled guilty to violating the anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA). In one of the ten most costly FCPA settlements to date, Alcoa agreed to pay a total of $384 million to resolve DOJ criminal charges and SEC civil charges. Given the DOJ’s and SEC’s continued, aggressive enforcement of the FCPA, there is little doubt that Alcoa’s settlement was but the first of many FCPA mega-settlements to come in 2014.