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Mead Johnson Nutrition Pays $12M for FCPA Violations in China

Joe Mont | July 28, 2015

Mead Johnson Nutrition will pay $12.03 million to settle civil charges that it violated books and records requirements of the Foreign Corrupt Practices Act when a China-based unit made improper payments at state-owned hospitals. The settlement, the result of an administrative proceeding, was detailed in an Offer of Settlement the Securities and Exchange Commission released on Tuesday.

The violations include the misuse of marketing and sales funds in China. Despite prohibitions in the FCPA and Mead Johnson’s internal policies, certain employees of a majority-owned subsidiary in China, Mead Johnson Nutrition (China) Co., made improper payments health care professionals at state-owned hospitals in China to recommend its...

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