After a six-year international investigation, the DOJ and SEC announced that Alcatel-Lucent S.A. will pay one of the largest settlements in Foreign Corrupt Practices Act history. The Paris-based telecommunications company and three of its subsidiaries will pay $92 million to resolve criminal charges with the DOJ and $45 million in disgorgement to the SEC for using consultants to bribe government officials in Costa Rica, Honduras, Malaysia, and Taiwan. The $137 million settlement is the seventh largest FCPA settlement ever reported.
DOJ charged Alcatel-Lucent with violating the internal controls and books and records provisions of the FCPA, and three subsidiaries with conspiring to violate those provisions and the FCPA’s anti bribery provisions. The SEC brought civil charges against Alcatel-Lucent for bribery, books and records, and internal control violations.
Please see full alert below for more information.