Digi International Announces FCPA Investigation

Digi International Announces FCPA Investigation

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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.

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Digi International Announces FCPA Investigation

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