Sep
24
WPP Agrees to Pay $19 Million Following SEC Bribery Accusations
Posted in: UncategorizedWPP has agreed to pay more than $19 million by the Securities and Exchange Commission over anti-bribery charges in relation to its acquisitions in high-risk markets. The SEC claimed that WPP had violated parts of the Foreign Corrupt Practices Act (FCPA) when it acquired majority stakes in agencies in China, Brazil and Peru. It also…
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