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Proxy solicitor Georgeson to pay $4.5 mln to resolve U.S. probe
November 30, 2017 / 6:26 PM / 17 days ago

Proxy solicitor Georgeson to pay $4.5 mln to resolve U.S. probe

BOSTON, Nov 30 (Reuters) - Proxy solicitation firm Georgeson LLC has agreed to pay $4.5 million to resolve U.S. claims that employees engaged in a scheme to pay bribes to obtain confidential information about how a proxy advisory firm’s clients voted on shareholder matters.

Georgeson, a unit of Computershare Ltd, entered into a deferred prosecution agreement to resolve the long-running investigation, according to documents filed on Thursday in Boston federal court. (Reporting by Nate Raymond in Boston; Editing by Andrew Hay)

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