Defendant Name:
International Business Machines Corporation
Defendant Type:
Public Company
SIC Code:
3571
CUSIP:
45920010
Document Reference:
comp21889
Document Details
Legal Case Name
SEC v. International Business Machines Corporation
Document Name
Complaint
Document Date
18-Mar-2011
Document Format
Civil Proceeding
Case Number
11-cv-00563
Federal District Court
District of Columbia, District of Columbia
Federal District Judge
Richard J. Leon
Allegation Type
Foreign Corrupt Practices Act
Document Summary
On March 18, 2011, the SEC filed a complaint against International Business Machines Corporation. According to the complaint: "During the period from 1998 through 2009, in violation of the Foreign Corrupt Practices Act of 1977 ('FCPA'), employees of certain of International Business Machines Corporation's ('IBM' or the 'Company') subsidiaries and a majority-owned joint venture provided cash payments, improper gifts, as well as improper travel and entertainment to government officials in South Korea and China."