Law360, New York (September 26, 2016, 11:49 AM EDT) -- On Sept. 12, 2016, the U.S. Securities and Exchange Commission issued a declination to Harris Corp. in connection with the agency's investigation of the global communications company for alleged violations of the Foreign Corrupt Practices Act. On the same day, the SEC announced that the former head of Harris' China subsidiary, Jun Ping Zhang ("Ping"), had agreed to pay a $46,000 civil monetary penalty as a result of having engaged in an alleged bribery scheme that he had concealed from Harris. According to the SEC, the alleged bribes took the form of between $200,000 and $1 million in improper gifts given to Chinese government officials who awarded $9.6 million in contracts to the China subsidiary.[1]...