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
Florida judge sentences reinsurance manager to 10 months’ time served for role in Ecuadorian bribery scheme
July 2, 2025
News Alert
New Post
Rising Cross-Border Enforcement Risk for Companies Operating in Latin America
June 26, 2025
Insight