Financial Crime Financial Crime

Ad giant WPP settles US Foreign Corrupt Practices Act claims with SEC

WPP, a London-based advertising giant with stock trading in the US, has agreed to pay $19 million to settle US Securities and Exchange Commission claims that it violated the Foreign Corrupt Practices Act in India, China, Brazil and Peru.

Without admitting or denying the findings, "WPP agreed to cease and desist from committing

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