The SEC has recently disclosed that Albemarle Corporation, a prominent global specialty chemicals company headquartered in Charlotte, has agreed to a substantial settlement of over $103.6 million. This settlement is in response to the SEC’s charges that Albemarle violated several key provisions of the Foreign Corrupt Practices Act (FCPA), specifically […]
Tag: FCPA
SEC Charges Honeywell with Bribery Schemes in Algeria and Brazil
Dec. 19, 2022 —The Securities and Exchange Commission today announced charges against Honeywell International Inc. for violations of the Foreign Corrupt Practices Act (FCPA) arising out of bribery schemes that took place in Brazil and Algeria. The company has agreed to pay more than $81 million to settle the SEC’s […]