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Credit Suisse To Pay $745Mn For Misleading Investors, FCPA Violations

Credit Suisse Group AG has agreed to pay nearly $475 million to U.S. and U.K authorities, including nearly $100 million to the Securities and Exchange Commission (SEC), for fraudulently misleading investors and violating the Foreign Corrupt Practices Act (FCPA) in a scheme involving two bond offerings and a syndicated loan that raised funds on behalf […]

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World’s Largest Advert Group To Pay Over $19Mn For Regulatory Infractions

London-based WPP Plc, the world’s largest advertising group, has agreed to pay more than $19 million to resolve charges that it violated the anti-bribery, books and records, and internal accounting controls provisions of the Foreign Corrupt Practices Act (FCPA). The US Securities and Exchange Commission (SEC) on Friday made the disclosure, having earlier charged the […]