June 17, 2013
A Washington federal judge approved a $13 million settlement between the U.S. Securities and Exchange Commission and Tyco International Ltd. after the company allegedly bribed foreign government officials to secure contracts and hid the illegal payments in its financial records.
September 24, 2012
Tyco International Ltd. on Monday agreed to pay more than $26 million to resolve criminal and civil allegations that it violated the Foreign Corrupt Practices Act by bribing government officials in various countries to secure contracts and hiding the illegal payments in its financial records.