FCPA

Cognizant Technology Solutions Corp (NASDAQ: CTSH) shares are trading more than ten percent down following the two significant announcements. The first one related to the management change and the second related to any possible Violation of Foreign Corrupt Practices Act. First, Cognizant revealed...

An SEC investigation has ordered Anheuser Busch Inbev SA (ADR) (NYSE: BUD) to pay $6 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA). According to the investigation, Anheuser-Busch "used third-party sales promoters to make improper payments to government...