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FCPA Settlement: Tyco International, Once Again

In September of 2012, Tyco International agreed to pay more than $26 million in penalties to settle charges from the US Department of Justice and Securities Exchange Commission of violating the Foreign Corrupt Practices Act (FCPA). Between 2000 and 2008, numerous Tyco subsidiaries around the world paid hundreds of thousands of dollars in bribes to […]

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FCPA Settlement: Oracle’s Appearance Of Impropriety

In August of 2012, Oracle settled charges of civil violations of the Foreign Corrupt Practices Act with the SEC for $2 million. According to the SEC press release: The SEC alleges that certain employees of the India subsidiary of the Redwood Shores, Calif.-based enterprise systems firm structured transactions with India’s government on more than a […]

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Posts Tagged ‘Settlements’

FCPA Settlement: Tyco International, Once Again

FCPA Settlement: Oracle’s Appearance Of Impropriety