Ill Pay More Than 78 Million To Resolve Charges That It Violated The Foreign Corrupt Practices Act Fcpa In Connection Witha Bribery Scheme Involving Its Brazilian Subsidiary News Today : Breaking News, Live Updates & Top Stories | Vimarsana
The Securities and Exchange Commission announced that Tenaris, a Luxembourg-based global manufacturer and supplier of steel pipe products, will pay more than $78 million to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA) in connection with a bribery scheme involving its Brazilian subsidiary.