Brief: Stericycle Resolves Anti-Corruption Investigations With U.S. And Brazilian Authorities Of Past Conduct In Its Latin American Businesses

Stericycle

20/04/2022 16:28

Stericycle Inc  SRCL.O :
    * STERICYCLE RESOLVES ANTI-CORRUPTION INVESTIGATIONS WITH
U.S. AND
BRAZILIAN AUTHORITIES OF PAST CONDUCT IN ITS LATIN AMERICAN
BUSINESSES
    * STERICYCLE INC - THROUGH RESOLUTIONS, AGREED TO PAY A
TOTAL OF
ABOUT $90 MILLION, WHICH CO PRIMARILY ACCRUED IN THIRD AND
FOURTH QUARTERS OF 2021
    * STERICYCLE INC - AS PART OF RESOLUTIONS, ENTERED INTO A
DEFERRED
PROSECUTION AGREEMENT WITH DOJ AND AGREED TO AN ADMINISTRATIVE
ORDER WITH SEC
    * STERICYCLE - NO FURTHER ENFORCEMENT ACTION WILL BE TAKEN
BY DOJ
AND SEC IF, FOR A PERIOD OF THREE YEARS, CO MEETS OBLIGATIONS AS
PART OF RESOLUTIONS

Source text for Eikon:  ID:nPnplBVwa 
Further company coverage:  SRCL.O