Defendant Name:
Bruker Corporation
Defendant Type:
Public Company
Document Reference:
2014-280
Document Details
Legal Case Name
In the Matter of Bruker Corporation
Document Name
SEC Charges Massachusetts-Based Scientific Instruments Manufacturer with FCPA Violations
Document Date
15-Dec-2014
Document Format
Administrative Proceeding
Allegation Type
Foreign Corrupt Practices Act
Document Summary
On December 15, 2014 SEC charged Bruker Corporation with violating the FCPA by "providing non-business related travel and improper payments to various Chinese government officials in an effort to win business." According to the SEC's investigation, Bruker "lacked sufficient internal controls to prevent and detect approximately $230,000 in improper payments out of its China-based offices that falsely recorded them in books and records as legitimate business and marketing expenses."
Disgorgement & Penalty Information
Resolutions
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC