Monday, December 1, 2014
Volume:
30
Issue:
12
Abstract:
On July 28, 2014, the Securities and Exchange Commission charged Smith & Wesson Holding Corporation with violating the Foreign Corrupt Practices Act (FCPA) as a result of employees and representatives of its U.S.-based parent company authorizing and making improper payments to foreign officials while trying to obtain contracts to furnish firearm products to military and law enforcement abroad.