SEC charges Oracle with corrupt foreign practices violations

Aug 16, 2012 Full story: NewscastMedia.com

Newscast Media WASHINGTON, D.C.-The Securities and Exchange Commission today charged Oracle Corporation with violating the Foreign Corrupt Practices Act by failing to prevent a subsidiary from secretly setting aside money off the company's books that was eventually used to make unauthorized payments to phony vendors in India.

Full Story

Since: Aug 08

Location hidden

#1 Aug 17, 2012
Great, how about busting government agencies for same...or does the double standard rule apply here?

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Securities and Exchange Commission Discussions

Title Updated Last By Comments
Goodyear paying $16M to settle bribery-related ... Feb 25 fatbacks x 7
Corinthian Colleges Receives Delisting Notice F... Feb 21 a loose loose 1
SEC sues Enterprise Trust Co. for alleged fraud (Mar '08) Feb 10 davidhold 22
SEC Regulators Ease Up On Firms That Generate P... Dec '14 reneir880 1
F-Squared paying $35M to settle SEC charges on ... Dec '14 reneir880 1
Lear Announces $325 Million Senior Notes Offering (Mar '14) Dec '14 bob 3
American Express CEO Kenneth I. Chenault Sells ... (Jun '07) Nov '14 hubertfields00 106
More from around the web