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Akamai Technologies dodges FCPA charges

Jaclyn Jaeger | June 8, 2016

A letter sent by the Department of Justice to Akamai Technologies reveals that the Internet services provider will not face an enforcement action in connection with a previously disclosed investigation into potential violations of the Foreign Corrupt Practices Act, citing the FCPA Pilot Program. The declination came in the same week that the company entered into a non-prosecution agreement with the SEC.

In its letter, the Justice Department informed the company on June 6 that it had closed its investigation into the matter. “Consistent with the FCPA Pilot Program, we have reached this conclusion despite the bribery by an employee of the company’s subsidiary in China and one of that subsidiary’s channel partners, based on a number of factors,” the Justice Department said in the letter.

According to the...

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