Global Investigations Review - The law and practice of international investigations

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GSK resolves FCPA case with US$20 million SEC settlement and DOJ declination

By Dylan Tokar

30 September 2016

GSK resolves FCPA case with US$20 million SEC settlement and DOJ declination GlaxoSmithKline global headquarters in Brentford, London. Ian Wilson via flickr

GlaxoSmithKline, one of the larger companies to be ensnared in a seven-year-old foreign bribery sweep of the pharmaceutical industry by US authorities, announced today that it had resolved FCPA allegations at its China-based subsidiaries by paying a US$20 million civil fine to the Securities and Exchange Commission.