The U.S. Department of Justice has reduced by more than $760,000 the settlement a chemical maker will pay to resolve allegations of having bribed foreign officials, under a DOJ pilot program that rewards companies which voluntarily “clawback”—recoup or withhold—compensation from executives or employees involved in the alleged wrongdoing. 

Albemarle Corp. still agreed to pay more than $218 million to resolve allegations by DOJ and the Securities and Exchange Commission that the company violated the federal Foreign Corrupt Practices Act.

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