Coordinated Enforcement Actions result in Penalties of More than $137 Million against Alcatel-Lucent S.A. and Three Subsidiaries

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Tuesday, March 1, 2011
Author: 
Bruce Zagaris
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.