Defendant Name: Polycom, Inc.

Defendant Type: Subsidiary of Public Company

Document Reference: 34-84978-s

Document Details

Legal Case Name In the Matter of Polycom, Inc.
Document Name SEC Charges Polycom, Inc. with FCPA Violation
Document Date 26-Dec-2018
Document Format Administrative Proceeding
File Number 3-18964
Allegation Type Foreign Corrupt Practices Act
Document Summary The SEC stated: "Polycom, Inc., a San Jose, California based provider of communications products, has agreed to pay more than $16 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA) in connection with its Chinese subsidiary facilitating improper payments to government officials."

Related Documents:

34-84978 26-Dec-2018 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On December 26, 2018, the SEC issued an order against Polycom, Inc. stating: "This matter concerns violations of the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act ("FCPA") by San Jose, California-based communications solutions provider, Polycom, Inc."