tiprankstipranks
Trending News
More News >

Justice Department confirms $315M settlement with ABB

ABB has agreed to pay more than $315M to resolve an investigation into violations of the Foreign Corrupt Practices Act stemming from the bribery of a high-ranking official at South Africa’s state-owned energy company, the Department of Justice announced on Friday. The Department of Justice’s resolution is coordinated with prosecutorial authorities in South Africa and Switzerland, as well as the U.S. Securities and Exchange Commission. See the top stocks recommended by analysts >>

Confident Investing Starts Here:

Read More on ABB:

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue