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July 28, 2015

Posted  January 28, 2016

Mead Johnson Nutrition Company agreed to pay $12 million to settle the SEC’s findings that it violated the Foreign Corrupt Practices Act (“FCPA”).  An SEC investigation found that employees of Mead Johnson’s Chinese subsidiary made improper payments to healthcare professionals at government-owned hospitals to induce them to recommend Mead Johnson’s infant formula to new or expectant mothers.  SEC

Tagged in: FCPA,