Russian Telecom Settles FCPA Claims For $850M

ussian telecommunications group Mobile TeleSystems PJSC and a subsidiary agreed to pay $850 million related to U.S. authorities’ allegations that the company bribed an Uzbek official to win $2.4 billion worth of business, the U.S. Securities and Exchange Commission announced Wednesday…

This piece was co-authored with Rachel Graf. Read it in its entirety at Law360.