Aluminum Bahrain B.S.C. / Alcoa Case (Private Civil Action)

In October 2012, Alcoa Inc. announced that it had reached an $85 million settlement agreement with Aluminum Bahrain B.S.C. ("Alba"), a majority state owned enterprise to settle the civil suit that Alba had filed in 2008, in U.S. District Court for the Western District of Pennsylvania against the U.S. company and related parties. (Source: Aluminum Bahrain B.S.C. v. Alcoa, Inc., et al, Case No. 2:08-cv-00299-DWA (W.D. Pa.); Stipulation of Dismissal with Prejudice, filed October 9, 2012; Alcoa Press Release, "Alcoa and Alba Resolve Civil Litigation," October 9, 2012.)

In 2009, it filed a similar suit in the Southern District of Texas against the Japanese company Sojitz Corporation and its U.S. affiliate, Sojitz Corporation of America. Alba alleged that the companies paid bribes to one or more senior officials of Alba and the Government of Bahrain in order to induce Alba to cede a controlling interest in that company to Alcoa and to overpay for alumina and in the Sojitz case, to secure below-market discounts on aluminum. In filing the civil Racketeer Influenced and Corrupt Organizations (RICO) suit against Alcoa, Alba sought damages in excess of $1 billion and in the Sojitz suit, $31 million in damages. According to Alcoa, the second of the two payments to Alba was completed in October 2013. (Source: Alcoa, Stakeholder Engagement, "Committed to Ongoing, Transparent Engagement,")