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Feb 24, 2015 · The Securities and Exchange Commission today charged Goodyear Tire & Rubber Company with violating the Foreign Corrupt Practices Act (FCPA) when its subsidiaries paid bribes to land tire sales in Kenya and Angola. Goodyear agreed to pay more than $16 million to settle the SEC’s charges.
Mar 2, 2015 · According to the Cease & Desist Order issued by the SEC (the “Order”), Goodyear agreed to disgorge $14,122,525 in profits, pay prejudgment interest of $2,105,540, and report its FCPA ...
Feb 24, 2015 · Company (Goodyear) has agreed to pay more than $16 million in disgorgement and prejudgment interest to settle charges that the company violated the books and records and internal control provisions of the Foreign Corrupt Practices Act (FCPA). According to the SEC, Goodyear subsidiaries in Kenya and
Mar 2, 2015 · According to the Cease & Desist Order issued by the SEC (the “Order”), Goodyear agreed to disgorge $14,122,525 in profits, pay prejudgment interest of $2,105,540, and report its FCPA remediation and compliance efforts to the SEC for three years, but did not admit or deny wrongdoing in connection with the allegations. Order at 6-7.
Feb 27, 2015 · Earlier this week, Goodyear Tire & Rubber Company agreed to pay the SEC over $16 million to settle charges that it violated the accounting provisions of the Foreign Corrupt Practices Act by...
Feb 25, 2015 · On February 24, 2015, Goodyear Tire & Rubber Co. agreed to pay more than $16 million to settle charges that two of its subsidiaries allegedly paid $3.2 million in bribes that generated $14,122,535 in illicit profits.
Feb 26, 2015 · Goodyear has agreed to pay disgorgement of $14,122,525 and prejudgment interest of $2,105,540 to the US Treasury for its subsidiaries' FCPA violations. When accepting Goodyear's settlement offer, the SEC took into consideration the company's remedial actions once it discovered the violations (see Goodyear's Remedial Actions ).
