Defendant Name:
VimpelCom Ltd.
Defendant Type:
Public Company
Document Reference:
2016-34
Document Details
Legal Case Name
SEC v. VimpelCom Ltd
Document Name
VimpelCom to Pay $795 Million in Global Settlement for FCPA Violations
Document Date
18-Feb-2016
Document Format
Civil Proceeding
Case Number
16-cv-01266
Federal District Court
New York, Southern District of New York
Allegation Type
Foreign Corrupt Practices Act
Document Summary
On February 18, 2016, the SEC announced "a global settlement along with the U.S. Department of Justice and Dutch regulators that requires telecommunications provider VimpelCom Ltd. to pay more than $795 million to resolve its violations of the Foreign Corrupt Practices Act (FCPA) to win business in Uzbekistan."
Disgorgement & Penalty Information
Resolutions
None Specified