Subsidiary of Tyco International Ltd. Pleads Guilty, Is Sentenced for Conspiracy to Violate Foreign Corrupt Practices Act
Subsidiary of Tyco International Ltd. Pleads Guilty, Is Sentenced for Conspiracy to Violate Foreign Corrupt Practices Act
Tyco International Ltd. – together with a subsidiary that pleaded guilty this morning to a criminal charge for conspiring to violate the Foreign Corrupt Practices Act (FCPA) – has agreed to pay more than $26 million to resolve the conspiracy charge with the Department of Justice and charges with the U.S. Securities and Exchange Commission (SEC).