Agilent Technologies announced this week that the Department of Justice and Securities and Exchange Commission have decided not to file any charges against it in connection with a previously disclosed investigation into potential violations of the Foreign Corrupt Practices Act.
As Compliance Week previously reported, Agilent disclosed in a Form 10-Q last year that it had determined during a routine internal audit that certain employees of its subsidiaries in China “did not comply with the company’s Standards of Business Conduct and other policies.” Based on those findings, Agilent initiated an internal investigation, with the assistance of outside counsel, concerning the sale of some of its products through third-party intermediaries in China.
