Ralph Lauren Non-Prosecution Agreement Resolves FCPA Charges as Argentina Requests Information and Doubts the Allegations

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Monday, July 1, 2013

Author:

Bruce Zagaris

Volume:

29

Issue:

7

Abstract:

On April 22, 2013, Ralph Lauren Corporation (RLC) entered into a non-prosecution agreement and agreed to pay a $882,000 penalty to resolve allegations that it violated the Foreign Corrupt Practices Act (FCPA) by bribing government officials in Argentina to obtain improper customs clearance of merchandise.[1]