October 31, 2018
This month, there have been two notable Compendium updates:
- In the largest FCPA enforcement action to date (US$1.78 billion), Petróleo Brasileiro S.A. resolved enforcement actions with the DOJ, SEC, and Brazilian enforcement agencies stemming from a massive bribery and corruption scheme perpetrated by its former senior executives.
- Stryker Corp. reached a US$7.8 million settlement with the SEC to resolve violations of the books and records and internal accounting controls provisions of the Exchange Act stemming from Stryker’s subsidiary operations in India, China, and Kuwait.
Visit the TRACE Compendium to view the complete entries, along with other updates from this month.