A manufacturer settled charges for Foreign Corrupt Practices Act violations after a Chinese subsidiary improperly recorded expenses for providing Chinese government officials with overseas travel and entertainment as legitimate business expenses.
A Colombia-based financial holding company and its merchant bank subsidiary resolved separate SEC and DOJ charges for bribery in connection with a highway construction project.
A global manufacturer of health technology products operating in China settled SEC charges for violations of the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act.
A global mining and metals company settled SEC charges over an alleged bribery scheme in Guinea in violation of the Foreign Corrupt Practices Act.
A global gaming and sports betting company settled SEC charges that it violated the Foreign Corrupt Practices Act by failing to (i) establish and maintain a reasonable system of internal accounting controls and (ii) record and monitor payments to Russian third-party consultants.