FCPA: Albemarle Corp. Bribery Charges: $200 Million Settlement

Posted 9/29/23

The Securities and Exchange Commission (SEC) announced a settlement with Charlotte-based Albemarle Corporation. The global specialty chemicals company will pay over $103.6 million following charges of violating the Foreign Corrupt Practices Act (FCPA).  A paralell cash settlement of $115 million with the Justice Department brings the company's costs to nearly $220 million.

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