• Total SA Sets Aside $400 Million for FCPA Settlement

    Total SA, a large French oil company, has decided to set aside almost $400 million in expectation of a settlement with the United States government over claims that the company violated the Foreign Corrupt Practices Act with...

    • Posted 5 years ago
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  • Philips Agrees to Pay $4.5 Million To End FCPA Lawsuit

    Koninklijke Philips Electronics NV (PHG, PHIA.AE) announced that it will pay U.S. regulators $4.5 million to end an ongoing lawsuit with allegations of foreign bribery, the company said. In February 2011 Philips informed the Securities and Exchange...

    • Posted 5 years ago
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  • SEC and DOJ Probe Microsoft (MSFT) Over Foreign Bribery Claims

    Microsoft is being investigated for claims of foreign bribery in China and other countries, the The Wall Street Journal reported.   Federal regulators are looking into whether Microsoft paid illegal bribes to foreign officials to win software contracts....

    • Posted 5 years ago
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  • Diebold Reserves $18 Million for Possible Bribery Settlement

    Diebold Inc. announced last week that the company has set aside $18 million for the settlement of an investigation by U.S. authorities into possible foreign bribery. The company, which makes ATMs and security systems, revealed last summer...

    • Posted 5 years ago
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