December 22, 2016 / 2:32 PM / 7 months ago

BRIEF-Teva reaches settlement with government on FCPA

1 Min Read

Dec 22 (Reuters) - Teva Pharmaceutical Industries Ltd :

* Teva reaches settlement with government on FCPA

* Teva Pharmaceutical - co, DoJ and sec have agreed to a resolution to resolve previously disclosed investigations into conduct relating to three countries

* Resolution also includes previously reserved payments totaling $519 million

* Conclusion of negotiations with united states government over violations of foreign corrupt practices act

* Teva Pharmaceutical industries - resolution includes a deferred prosecution agreement, implementation of a temporary independent compliance monitor

* Teva Pharmaceutical - to resolve previously disclosed investigations into conduct relating to 3 countries - Ukraine, Mexico and a guilty plea by unit in Russia

* Teva Pharmaceutical industries- resolution involves conduct occurring in past, and none of the employees involved in improper payments are still employed Source text for Eikon: Further company coverage:

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