Nu Skin Enterprises, Inc. to Pay US $765,688 to Resolve Bribery Charges

On 20 September 2016, Nu Skin Enterprises, Inc. (“Nu Skin”) agreed to pay US $765,688 in disgorgement, prejudgment interest and a civil penalty to the U.S. Securities and Exchange Commission (“SEC”) to resolve allegations that it violated the U.S. Foreign Corrupt Practices Act (“FCPA”) when a subsidiary gave RMB 1 million to a charity to convince a Chinese Communist party official to intervene on the subsidiary’s behalf in an on-going government investigation.

The complete Compendium summary for this case may be accessed here.

Former Harris Corp. Executive Settles U.S. Bribery Charges

On 13 September 2016, Jun Ping Zhang (“Ping”), the former Chairman and CEO of a Harris Corporation subsidiary, agreed to pay a civil penalty of US $46,000 to the U.S. Securities and Exchange Commission (“SEC”) to resolve allegations that he violated the U.S. Foreign Corrupt Practices Act (“FCPA”) by allowing employees to pay between US $200,000 and US $1 million to officials at Chinese health departments and state-owned hospitals.

The complete Compendium summary for this case may be accessed here.