Defendant Name: Aon Corporation

Defendant Type: Public Company

Document Reference: LR-22203

Document Details

Legal Case Name SEC v. Aon Corporation
Document Name SEC Files Settled FCPA Charges Against Aon Corporation
Document Date 20-Dec-2011
Document Format Civil Proceeding
Case Number 11-cv-02256
Federal District Court District of Columbia, District of Columbia
AAER 3348
Allegation Type Foreign Corrupt Practices Act
Document Summary 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.

Disgorgement & Penalty Information

Resolutions
Enjoinment
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution

Related Documents:

complaint_11-cv-02256 20-Dec-2011 Complaint
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.