Defendant Name:
Siemens Aktiengesellschaft
Defendant Type:
Public Company
Document Reference:
LR-20829
Document Details
Legal Case Name
SEC v. Siemens Aktiengesellschaft
Document Name
SEC Files Settled Foreign Corrupt Practices Act Charges Against Siemens AG for Engaging in Worldwide Bribery With Total Disgorgement and Criminal Fines of Over $1.6 Billion
Document Date
15-Dec-2008
Document Format
Civil Proceeding
Case Number
08-cv-02167
Federal District Court
District of Columbia, District of Columbia
Allegation Type
Foreign Corrupt Practices Act
Document Summary
The SEC stated that: "[It] filed a settled enforcement action
on December 12, 2008, in the U.S. District Court for the District of
Columbia charging Siemens Aktiengesellschaft ("Siemens"), a Munich,
Germany-based manufacturer of industrial and consumer products, with
violations of the anti-bribery, books and records, and internal controls
provisions of the Foreign Corrupt Practices Act ("FCPA")."
Disgorgement & Penalty Information
Resolutions
Enjoinment
Compliance Related Independent Consultant
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Disgorgement
Individual:
$350,000,000.00
Shared: