Stryker Corporation consented to the entry of an order instituting Cease and Desist proceedings for violations of the FCPA’s books and records and internal accounting provisions. Stryker is alleged to have failed to supervise and enforce its anti-corruption policies and code of conduct in the company’s Indian, Chinese, and Kuwaiti subsidiaries. The company will pay a $7.8 million penalty. This is the second time in five years that Stryker has settled FCPA charges.
September 28, 2018
Medical products company settles bribery charges with SEC, again
Related by Topic
New Post
DOJ Issues New FCPA Enforcement Guidelines Focused on U.S. Economic and National Security Interests
June 12, 2025
Insight
New Post
World Bank debars Philippines-based construction company for four and a half years
May 29, 2025
News Alert