Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Tuesday, March 23, 2010

Daimler Agrees to Settle FCPA Charges

Daimler AG has agreed to pay $185 million to settle charges brought by the DOJ and SEC that the company paid bribes to secure overseas business.  In addition to paying the fines, the company will plead guilty to violating the FCPA.  WSJ, Daimler Agrees to Pay $185 Million to Settle U.S. Bribery Investigation

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