Monday, September 24, 2012

Reuters: Regulatory News: US SEC charges Tyco in foreign bribery case

Reuters: Regulatory News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
US SEC charges Tyco in foreign bribery case
Sep 24th 2012, 17:22

WASHINGTON, Sept 24 | Mon Sep 24, 2012 1:22pm EDT

WASHINGTON, Sept 24 (Reuters) - The U.S. Securities and Exchange Commission on Monday charged Tyco International Ltd with violating an anti-foreign bribery law, the Foreign Corrupt Practices Act.

Tyco will pay $13.1 million to settle the charges, according to court documents. The Justice Department's criminal division will settle related charges against Tyco through a non-prosecution agreement, according to the documents.

The conduct came to light through a review of Tyco's operations following a 2006 settlement, the SEC said.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.