In its just filed Form 10-K, Lennox International Inc. has announced that the DOJ has declined prosecution of possible FCPA violations by the company in Russia, Poland, and Ukraine, but that a parallel SEC investigation is continuing. According to the filing, the DOJ and SEC investigations commenced after Lennox self-reported potential FCPA violations in October 2016 after discovering an alleged improper payment to a Russian customs official.
February 19, 2019
SEC continues FCPA investigation of HVAC systems manufacturing company, after DOJ declines prosecution
Related by Topic
New Post
DOJ issues declination with disgorgement letter to Boston Consulting Group for possible FCPA offenses
August 29, 2024
News Alert
New Post
Two whistleblowers receive awards totaling to $24 million from the SEC
August 28, 2024
News Alert