An SEC investigation found that a software company violated the recordkeeping and internal controls provisions of the Foreign Corrupt Practices Act of 1977.
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A technology company and its Chinese subsidiaries settled parallel civil and criminal actions with the SEC and the U.S. Department of Justice. The actions involved violations of the anti-bribery, books and records, and internal accounting controls provisions of the Foreign Corrupt Practices Act.
The SEC charged a Las Vegas casino a $9 million penalty for failing to properly document more than $62 million in payments to a consultant who facilitated business activities abroad.
The SEC reached non-prosecution agreements with two companies that agreed to forfeit ill-gotten gains from bribes allegedly paid to Chinese officials by foreign subsidiaries.
The SEC settled charges against a medical device manufacturer and its wholly owned subsidiary for engaging in "hundreds of sham transactions with distributors" in violation of the Foreign Corrupt Practices Act.