Beauty And The BRICS: Avon's FCPA Investigation

Law360, New York (September 22, 2011, 12:40 PM EDT) -- In its May 2011 quarterly filing with the U.S. Securities and Exchange Commission, Avon Products Inc. made news by providing an update on the status and ever-growing costs of its ongoing Foreign Corrupt Practices Act investigation, which has grown into a review of Avon’s global beauty products business — which brings in $10 billion in annual revenue from sales in more than 100 countries.[1]

The Avon investigation began in June 2008, when an employee wrote a letter to CEO Andrea Jung raising allegations regarding travel by...
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