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Johnson Controls To Pay $14.3M To Settle Feds' FCPA Claims

By Kurt Orzeck (July 11, 2016, 8:38 PM EDT) -- Heating, ventilation and air conditioning systems maker Johnson Controls Inc. will pay $14.3 million to federal authorities to settle charges that workers at its Chinese subsidiary bribed shipbuilders and shipyards in violation of the Foreign Corrupt Practices Act, the company said Monday....

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