Tuesday, March 1, 2011
Volume:
27
Issue:
3
608-609
Abstract:
On December 27, 2010, the U.S. Department of Justice and Securities and Exchange Commission announced that Alcatel-Lucent S.A. and three of its subsidiaries have agreed to pay a combined $92 million penalty to resolve a Foreign Corrupt Practices Act (FCPA) investigation into the worldwide sales practices of Alcatel S.A. prior to its 2006 merger with Lucent Technologies Inc.