IBM To Pay $10M To End SEC's Asian Bribery Suit
The proposed settlement, which must be approved by the court, was filed in the U.S. District Court for the District of Columbia. The SEC, which also filed its complaint Friday, accuses IBM of violating the Foreign Corrupt Practices Act.
Under the proposed settlement, IBM agreed to pay disgorgement of $5.3 million, $2.7 million...
Already a subscriber? Click here to login