On April 22, 2013, the SEC announced a non-prosecution agreement with Ralph Lauren Corporation for earning illicit profits and interest through bribes paid by a subsidiary to government officials in Argentina between 2005 and 2009. Ralph Lauren also entered into a non-prosecution agreement with the Justice Department according to which the company will pay an $882,000 penalty.

The SEC and Ralph Lauren Corporation entered into the Non-Prosecution Agreement ("NPA") in connection with the SEC's investigation into "possible violations of the Foreign Corrupt Practices Act and books and records and internal controls provisions of the federal securities laws by Ralph Lauren Corporation ('Respondent') from approximately 2005 through 2009 ('Investigation')." Under the terms of the NPA, Respondent must, among other things, "cooperate fully and truthfully in the Investigation and any other related enforcement litigation or proceeding...regardless of the time period in which the cooperation is required." In addition, Respondent agreed to "to pay disgorgement obtained or retained as a result of the violations discovered during the Investigation, without reimbursement or indemnification from any source, in the amount of $593,000, together with prejudgment interest thereon in the amount of $141,846."