ANTICORRUPTION DEVELOPMENTS -
MTS Receives DOJ and SEC Declination Letters Concluding FCPA Investigations -
On August 7, 2017, MTS Systems (MTS), a Minnesota based maker of test systems and industrial position sensors, announced that both the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) had issued declination letters ending the U.S. government’s investigation of potential violations of the Foreign Corrupt Practices Act (FCPA).
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