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News/Compliance & Enforcement/Tenaris Pays SEC $78 Million to Resolve FCPA Violations
Expert Opinion·Compliance & Enforcement Brief

Tenaris Pays SEC $78 Million to Resolve FCPA Violations

Michael Volkov reviews the settlement between the SEC and Tenaris, a supplier of steel pipes and repeat FCPA offender, which in 2011 earned a non-prosecution agreement with the DOJ and a deferred prosecution agreement with the SEC over bribery in Uzbekistan.

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