Tag Archives: FCPA

Judge Gardephe Dismisses Class Action Accusing Avon of Hiding FCPA Exposure

In an opinion today, Judge Gardephe dismissed a securities class action accusing Avon of defrauding its investors about its compliance with the FCPA.  Avon’s management received a whistleblower letter about bribes to Chinese officials, and Judge Gardephe found that it was not fraudulent for Avon to investigate the allegations before disclosing them:… Continue Reading
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