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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in Avon (38)

Friday
Sep182015

Will it fly? Analogic proposes $1.6 million FCPA settlement to SEC

Imaging company Analogic Corp. said Wednesday it offered the Securities and Exchange Commission $1.6 million to settle a bribery probe involving the company's Danish subsidiary.

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Wednesday
Aug192015

Avon, plaintiffs ask court to approve $62 million civil settlement

Image courtesy of AvonAvon Products and lawyers representing investors asked a federal judge in New York Tuesday to approve a $62 million settlement in a securities fraud lawsuit that alleged the company and two former officers failed to disclose problems with company's FCPA compliance in China.

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Monday
Mar092015

Resource alert: The Reputational Risk Handbook

One of my favorite virtual friends is Dr. Andrea Bonime-Blanc, the CEO and founder of GEC Risk Advisory LLC. While her career and current consulting is wide-ranging, I want to focus on her recent book, The Reputation Risk Handbook, which should be read by any compliance practitioner, senior executive or board member.

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Tuesday
Feb102015

Compliance Alert: Five risks for Fashion Week 2015

Image courtesy of Mercedes-Benz Fashion WeekFashion Week 2015 begins on February 12 in New York. Compliance will certainly not be on the agenda and the fashion industry has never attracted the kind of regulatory attention “enjoyed” by industries that rely heavily on public sector sales. But that doesn't mean that the industry is free of corruption risks and immune from potential FCPA enforcement actions.

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Friday
Dec262014

Avon disgorgement lands on top ten list

Image courtesy of AvonAvon's $135 million settlement with the DOJ and SEC earlier this month included a disgorgement to the SEC with interest that ranks 8th on our list of the biggest FCPA disgorgements.

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Wednesday
Dec172014

Avon pays $135 million for China FCPA resolution

A China subsidiary of Avon Products Inc. pleaded guilty Wednesday in federal court in Manhattan to one count of conspiring to violate the Foreign Corrupt Practices Act. It will pay a $67.7 million criminal fine and the Avon parent will enter into a three-year deferred prosecution and appoint a compliance monitor.

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Tuesday
Sep302014

Avon wins dismissal of shareholder suit based on alleged China bribes

A federal court Monday dismissed a securities fraud lawsuit against Avon Products that alleged the company concealed that it didn't stop bribery in China because doing that would have hurt its business there.

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Thursday
May012014

Avon ‘reaches understanding’ to pay $135 million for FCPA settlement

Beauty products company Avon said Thursday it has "reached an understanding" with the DOJ and SEC for settlement of FCPA offenses.

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Thursday
Oct312013

Avon: SEC wants ‘significantly greater’ FCPA penalty

Avon Products Inc. said in an SEC filing Thursday that the Securities and Exchange Commission offered an FCPA settlement last month with monetary penalties that were ‘significantly greater’ than the $12 million the company had offered.

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Thursday
Aug012013

Feds reject Avon settlement offer

Avon Products Inc. said in a quarterly filing Thursday that the DOJ and SEC rejected an offer in June to settle an ongoing FCPA investigation for $12 million and have not yet made any counter offers.

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Wednesday
Apr242013

Job: Manager, Global Ethics & Compliance

Job Title: Manager, Global Ethics & Compliance

Company: Avon

Location: New York, NY

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Monday
Dec172012

FCPA helps Avon's Jung make worst CEO list

On its list of the worst CEOs of 2012, Bloomberg Businessweek included Avon's Andrea Jung. Thanks in part to the FCPA.

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