CORRECTED: SL Industries Probing Possible FCPA Violations In China

Law360, New York (April 5, 2013, 6:54 PM EDT) -- SL Industries Inc. is investigating whether or not its Chinese-based subsidiaries unlawfully provided government officials with entertainment and gifts in violation of the U.S. Foreign Corrupt Practices Act, the company said Thursday.

The company said its internal investigation concerns its SL Xianghe Power Electronics Corp., SL Shanghai Power Electronics Corp. and SL Shanghai International Trading Corp. units. SL Industires said it has contacted the U.S. Securities and Exchange Commission and U.S. Department of Justice and will cooperate with authorities.

The information was included in an amended...
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