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HTMLSEC Announces First Non-Prosecution Agreement Involving FCPA Violations
Mary P. Hansen; Drinker Biddle & Reath LLP;
Legal Alert/Article
April 29, 2013, previously published on April 26, 2013
On April 22, 2013, the Securities and Exchange Commission (SEC) announced it had entered into a Non-Prosecution Agreement (NPA) with Ralph Lauren Corporation under which the company agreed to disgorge approximately $700,000 in connection with certain unlawful payments made by a foreign subsidiary...