Global Investigations Review - The law and practice of international investigations

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US fines Panasonic $280 million, notes “untimely” remedial efforts

By Clara Hudson

30 April 2018

US fines Panasonic $280 million, notes “untimely” remedial efforts A Panasonic factory in Japan, shown in March 2013. (Credit: iStockphoto.com/winhorse)

Panasonic has agreed to pay $280 million and to accept a monitor to resolve charges by the DOJ and SEC that a subsidiary made improper payments to consultants in Asia.