Wednesday, February 8, 2012

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Daimler to Pay $200 Million to Settle SEC, DOJ Foreign Corrupt Practices Act Charges

German car conglomerate Daimler AG (DAI) has agreed to pay almost $200 million to settle civil and criminal charges alleging violations of the Foreign Corrupt Practices Act, according to court filings by the Securities and Exchange Commission and the Department of Justice (SEC v. Daimler AG, D.D.C., No. 1:10-cv-00473-RJL, 3/22/10).

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