Novartis Pays $25M To SEC In Chinese FCPA Case

By Carmen Germaine (March 23, 2016, 5:03 PM EDT) -- Novartis AG will pay a $2 million penalty and $23 million in disgorgement and interest to settle U.S. Securities and Exchange Commission allegations that Chinese subsidiaries violated the Foreign Corrupt Practices Act by bribing Chinese doctors to prescribe Novartis drugs, the agency said Wednesday....

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