1. Alcatel-Lucent settles U.S. bribery charges
- Author
-
Trindle, Jamila
- Subjects
United States. Securities and Exchange Commission -- Cases ,United States. Securities and Exchange Commission -- Investigations ,Alcatel-Lucent S.A. -- Cases ,Alcatel-Lucent S.A. -- Contracts ,Bribery -- Cases ,Administrative agencies -- Cases ,Administrative agencies -- Investigations ,Public officers -- Finance ,Public officers -- Ethical aspects ,Compromise and settlement -- Analysis ,Telecommunications equipment industry -- Cases ,Telecommunications equipment industry -- Contracts ,Telecommunications equipment industry ,Company legal issue ,Contract agreement ,Government regulation ,Company financing ,News, opinion and commentary ,Foreign Corrupt Practices Act of 1977 - Abstract
Without admitting to wrongdoing, Alcatel-Lucent is paying $137 million to settle United States Securities and Exchange Commission charges that it paid bribes of over $8 million to government officials in Asia and Latin America prior to 2006 in order to secure telecommunications contracts.
- Published
- 2010