May 12, 2010
Digi International, Inc. announced on May 10th that it voluntarily disclosed potential violations of the FCPA to the DOJ and SEC. According to the company’s 10-Q, the investigation is focused on violations of Digi’s gifts, travel and entertainment policy by employees in the Asia Pacific region. The Company’s Chief Financial Officer, Subramanian Krishna, resigned as a result of the inquiry. For a summary of the investigation please visit the TRACE Compendium.