Imaging company Analogic Corp. said Wednesday it offered the Securities and Exchange Commission $1.6 million to settle a bribery probe involving the company’s Danish subsidiary.
Massachusetts-based Analogic said it “commenced discussions” with the SEC concerning a resolution of the matter.… Continue Reading
Avon Products and lawyers representing investors asked a federal judge in New York Tuesday to approve a $62 million settlement in a securities fraud lawsuit that alleged the company and two former officers failed to disclose problems with company’s FCPA compliance in China.… Continue Reading
One of my favorite virtual friends is Dr. Andrea Bonime-Blanc, the CEO and founder of GEC Risk Advisory LLC. While her career and current consulting is wide-ranging, I want to focus on her recent book, The Reputation Risk Handbook, which should be read by any compliance practitioner, senior executive or board member.… Continue Reading
Fashion Week 2015 begins on February 12 in New York. Compliance will certainly not be on the agenda and the fashion industry has never attracted the kind of regulatory attention “enjoyed” by industries that rely heavily on public sector sales.… Continue Reading
A federal court Monday dismissed a securities fraud lawsuit against Avon Products that alleged the company concealed that it didn’t stop bribery in China because doing that would have hurt its business there.… Continue Reading
Beauty products company Avon said Thursday it has “reached an understanding” with the DOJ and SEC for settlement of FCPA offenses.
The company said the resolution will include payment of $135 million for “alleged violations of the books and records and internal control provisions of the FCPA.”… Continue Reading
Avon Products Inc. said in an SEC filing Thursday that the Securities and Exchange Commission offered an FCPA settlement last month with monetary penalties that were ‘significantly greater’ than the $12 million the company had offered.… Continue Reading
Job Title: Manager, Global Ethics & Compliance
Location: New York, NY
Job Scope: This position is responsible for supporting the continued implementation of the Avon Global Ethics & Compliance program, with the majority of the work performed in the Records & Information Management (RIM) program.… Continue Reading