More than two years after Goodyear Tire & Rubber Co. self-reported its wrongdoing to securities regulators, the company has agreed to pay $16 million to settle foreign-bribery charges.
February 24, 2015 at 08:36 AM
1 minute read
The original version of this story was published on Law.Com
More than two years after Goodyear Tire & Rubber Co. self-reported its wrongdoing to securities regulators, the company has agreed to pay $16 million to settle foreign-bribery charges.
According to the U.S. Securities and Exchange Commission order instituting a settled administrative proceeding, Goodyear subsidiaries paid $3.2 million in bribes to land tire sales in Kenya and Angola.
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