Entries in Avon (28)
For most of us, December means giant year-end bonuses, moving to bigger houses, and getaways to the Turks and Caicos. No, that's not true.
In its disclosure yesterday, Avon provided a glimpse into what it means to be cooperating with the DOJ and SEC.
Here's the full FCPA disclosure by Avon Products, Inc. from its Form 10-Q filed with the SEC on November 1:
From Avon Products Inc's Form 10-Q filed with the SEC on August 1, 2012:
Avon Products Inc. said Friday that long-time executive chairman Andrea Jung will leave her post at the end of December.
If the cost of Avon's internal investigation is any indication of what's coming, its final deal with the feds is likely to make it onto our top ten list.
The Wall Street Journal said the DOJ's interest shows 'their investigation is reaching the highest level of the door-to-door beauty company.'
Tom Fox with a great summary of the biggest FCPA stories from the first half of 2012.