Day: June 3, 2022

Tenaris Bribery settlement

SEC Fines Tenaris $78M for FCPA Violations in Brazilian Bribery Scheme

Tenaris, a Luxembourg-based global maker and supplier of steel pipe products, on Thursday reached a $78 million settlement with the Securities and Exchange Commission for violations of the Foreign Corrupt Practices Act (FCPA) related to an alleged bribery scheme involving its Brazilian subsidiary. According to the SEC’s order, the resolution Read More