Saturday, October 10, 2015

SEC Charges Hitachi, LTD. With Violation of FCPA

Going Public LawyerThe Securities and Exchange Commission (SEC) on September 28, 2015 charged Tokyo-based conglomerate Hitachi, Ltd. with violating the Foreign Corrupt Practices Act (FCPA) when it falsified documents regarding payments to South Africa s ruling political party connected with contracts to construct two multi-billion dollar power plants. Hitachi has agreed to pay $19 million to settle the SEC charges. The SEC alleges that... Read MoreGoing Public Lawyer

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