Lucent Faces Corruption Charge
Ray Le Maistre writes on Light Reading:
Is this an omen? On the eve of its all-important shareholder meeting, where investors will vote on the merger with Alcatel, Lucent Technologies Inc. says it is expecting to face action by the Securities and Exchange Commission (SEC) over its operations in China.More here.
In a SEC filing made late Wednesday, Lucent said it was expecting a "Wells" notice relating to an investigation of its Chinese operations under the Foreign Corrupt Practices Act (FCPA).
posted by Fergie @ 9/06/2006 03:27:00 PM
0 Comments:
Post a Comment
<< Home