Avon Products Charged with Foreign Corrupt Practices Act Violations

Going Public LawyerOn December 17, 2014, the Securities and Exchange Commission (the “SEC”) charged Avon Products Inc. with violating the Foreign Corrupt Practices Act (FCPA) by failing to put controls in place to detect and prevent payments and gifts to Chinese government officials from employees and consultants at a subsidiary. Avon entities agreed to pay a total of $135 million to settle... Read MoreGoing Public Lawyer
http://www.securitieslawyer101.com/2014/avon-products-charged-foreign-corrupt-practices-act-violations/