Tagged: Albemarle Third parties

Episode 295 — Deep Dive into the Albemarle DOJ and SEC FCPA Settlement

Episode 295 — Deep Dive into the Albemarle DOJ and SEC FCPA Settlement

Albemarle Corporation (Albemarle), a specialty chemicals manufacturing company located in Charlotte, North Carolina, agreed to pay more than $218 million to settle FCPA investigations with DOJ and the SEC stemming from bribery payments in Vietnam, Indonesia and India. Albemarle entered into a three-year non-prosecution agreement (“NPA”) with DOJ and agreed to pay a penalty of approximately $98.2 million and an administrative forfeiture of approximately $98.5...