By Alice Hsieh ( May 9, 2018, 3:28 PM EDT) -- On March 9, 2018, the U.S. Securities and Exchange Commission announced that Elbit Imaging Ltd. reached a settlement to resolve allegations that the company violated the U.S. Foreign Corrupt Practices Act's books-and-records and internal accounting controls provisions. Elbit — an international holding company based in Petach Tikva, Israel, with activities focused on real estate development — agreed to pay a $500,000 civil money penalty to the SEC....
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