FCC fines Siemens for failing to disclose FCPA and obstruction convictions
The Federal Communications Commission fined Siemens Corporation and Siemens Medical Solutions $175,000 Thursday for failing to disclose corporate felony convictions as required by the FCC’s rules.
Several Siemens companies hold FCC wireless licenses and were required to disclose on their applications prior criminal convictions for violations of the Foreign Corrupt Practices Act and, separately, obstruction of justice.… Continue Reading