KM Financial Solutions | UPDATE 1-Legg Mason to pay $34 mln to resolve charges related to bribery scheme -SEC

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UPDATE 1-Legg Mason to pay $34 mln to resolve charges related to bribery scheme -SEC

26 Aug UPDATE 1-Legg Mason to pay $34 mln to resolve charges related to bribery scheme -SEC

Posted at 16:33h in News by KMFSLLP 0 Comments

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The U.S. Securities and
Exchange Commission said on Monday that Legg Mason will
pay more than $34 million to resolve a charge it violated the
Foreign Corrupt Practices Act in bribing Libyan officials to
secure investments.