Defendant Name: Aon Corporation

Defendant Type: Public Company
SIC Code: 6411
CUSIP: 03738910

Initial Case Details

Legal Case Name SEC v. Aon Corporation
First Document Date 20-Dec-2011
Initial Filing Format Civil Proceeding
Case Number 11-cv-02256
Allegation Type Foreign Corrupt Practices Act
Federal District Court District of Columbia, District of Columbia

Violations Alleged

Exchange Act
Sec 13(b)(2)(A)
Sec 13(b)(2)(B)


First Resolution Date 20-Dec-2011
Headline Total Penalty and Disgorgement

See Related Documents

Related Documents:

LR-22203 20-Dec-2011 Litigation Release
SEC Files Settled FCPA Charges Against Aon Corporation
On December 20, 2012, the SEC published a litigation release in this matter. The SEC alleged that "Aon's subsidiaries made over $3.6 million in improper payments to various parties between 1983 and 2007 as a means of obtaining or retaining insurance business in those countries." The SEC alleged that Aon subsidiaries made payments in several countries including "Costa Rica, Egypt, Vietnam, Indonesia, United Arab Emirates, Myanmar, and Bangladesh." Aon allegedly realized over $11.4 million in profits from the payments.
complaint_11-cv-02256 20-Dec-2011 Complaint
In the Complaint, the SEC alleged that: "From as early as 1983 until as recent as 2007, subsidiaries of Aon Corporation ('Aon' or the 'Company') in numerous countries made improper payments to various parties as a means of obtaining or retaining insurance business in those countries. During this period, over $3.6 million in such payments were made, including some directly or indirectly to foreign government officials who could award business directly to Aon subsidiaries, who were in position to influence others who could award business to Aon subsidiaries, or who could otherwise provide favorable business treatment for the Company's interests." The Complaint alleged improper payments to employees of foreign government-owned clients and third parties in Costa Rica and Egypt and improper payments to third-party facilitators in Vietnam, Indonesia, United Arab Emirates, Myanmar, and Bangladesh.
court_doc2_11-cv-02256 22-Dec-2011 Court Docket Document
Final Judgment as to Defendant Aon Corporation
On December 22, 2011, Federal District Judge Amy Berman Jackson entered final judgment against Aon Corporation pursuant to the consent of Aon Corporation.