Defendant Name: Akamai Technologies, Inc.

Defendant Type: Public Company
SIC Code: 7372
CUSIP: 00971T10

Initial Case Details

Legal Case Name Non-Prosecution Agreement with Akamai Technologies, Inc.
First Document Date 07-Jun-2016
Initial Filing Format Civil Proceeding
Case Number NPA-2016-109_Akamai
Allegation Type Foreign Corrupt Practices Act
Federal District Court No District Court Specified


First Resolution Date 07-Jun-2016
Headline Total Penalty and Disgorgement

See Related Documents

Related Documents:

2016-109-npa-akamai. 07-Jun-2016 Press Release--Civil Action
Non-Prosecution Agreement
On June 7, 2016, the SEC entered into a non-prosecution agreement with Akamai Technologies, Inc. relating to "possible violations of the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act from at least 2012 through 2015" involving Chinese government officials.
2016-109_Akamai 07-Jun-2016 Press Release--Civil Action
SEC announces Two Non-Prosecution Agreements in FCPA Cases
On June 7, 2016, the SEC announced a non-prosecution agreement with Akamai Technologies, Inc. "that will forfeit ill-gotten gains connected to bribes paid to Chinese officials by foreign subsidiaries." The SEC stated that "Akamai's foreign subsidiary arranged $40,000 in payments to induce government-owned entities to purchase more services than they actually needed. Employees at the foreign subsidiary violated the company's written policies by providing improper gift cards, meals, and entertainment to officials at these state-owned entities to build business relationships."