February 29, 2016
Avon Products Inc. said on Monday that it will pay $6.25 million to settle a proposed class action in which its employees accused the cosmetics giant of mismanaging pension funds during a Foreign Corrupt Practices Act investigation.
August 24, 2015
Avon Products Inc. and a bevy of employees accusing the cosmetics giant of mismanaging pension funds during a Foreign Corrupt Practices Act investigation agreed on Friday to send their proposed class action underway in New York federal court to mediation in hopes of forging a settlement.
July 10, 2015
Avon Products Inc. asked a New York federal judge Thursday to dismiss a proposed class action accusing the company of mismanaging employees' retirement funds by keeping them invested in Avon stock during a series of foreign bribery probes, claiming the suit was filed too late.
April 08, 2015
A New York federal judge has consolidated two "overlapping" class actions claiming Avon Products Inc. ravaged its employees' retirement accounts by keeping them invested in Avon stock through a devastating series of foreign bribery investigations.