updated - April 14, 2021 Wednesday EDT
Avon Products Inc. violated Foreign Corrupt Practices Act when its Chinese subsidiary bribed local officials to sell products directly to Chinese consumers. The company pleaded guilty and will need to settle a hefty amount of $135 million.
Japanese multinational firm's U.S.-based arm will be giving partial refunds in response to the Federal Trade Commission (FTC) allegation against their misleading advertisements for Sony Playstation Vita remote gaming console.
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