Massachusetts-based Alere Inc. will pay $13 million to settle charges alleging that the company bribed foreign officials and engaged in an accounting fraud, according to a Securities and Exchange Commission (SEC) Cease and Desist order resolving the case. In the Matter of Alere Inc., Admin. Proc. File No. 3-18228 (filed September 28, 2017). The $13 million settlement is comprised of $3.3 million in disgorgement plus interest and a $9.2 million penalty.
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