Pactiv Evergreen will not face an enforcement action by the Department of Justice, following an internal investigation launched last year into potential violations of the Foreign Corrupt Practices Act (FCPA).
The foodservice packaging company said in a regulatory filing May 6 that the Justice Department “decided to close its file … without any action against the company” after reviewing investigation findings presented by the company in February. Pactiv Evergreen said it is still waiting on a decision from the Securities and Exchange Commission (SEC) in the matter.
