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SEC ends FCPA probe of Crawford & Co

Jaclyn Jaeger | March 2, 2017

Crawford & Co, an independent claims management firm, disclosed in a quarterly report this week that the Securities and Exchange Commission said it will not be bringing charges following a Foreign Corrupt Practices Act investigation.

In 2015, Crawford & Co said it voluntarily self-reported to the SEC and the Department of Justice “certain potential violations” of the FCPA discovered by the company during the course of its regular internal audit process. It did not go into further detail about what those potential violations were.

“Upon discovery, the company, with the oversight of the audit committee and the board of directors, proactively initiated an investigation into this matter with the assistance of external legal counsel and external...

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