Titan case reveals lessons unlearned
For Titan Corp., the biggest fine imposed by the U.S.

For Titan Corp., the biggest fine imposed by the U.S. Justice Department since the passage of the Foreign Corrupt Practices Act (FCPA) in 1977 must seem like a pittance compared with the less obvious losses it suffered as a result of its malfeasance. A sullied reputation, stock devaluation and, in the case of the San Diego, California-based IT contractor, the end of a $1.7 billion takeover offer by Lockheed Martin amounted to more damages than any court can impose.