Friday, October 23, 2020

Legg Mason pays $71m to settle bribery case

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Equities Asset manager bribed Libyan officials to land $1bn worth of investment business. The US Securities and Exchange Commission (SEC) has settled charges against Maryland-based Legg Mason for violating the US Foreign Corrupt Practices Act (FCPA) in a scheme to bribe Libyan government officials. Between 2004 and 2010, Permal […]

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