A federal judge blasts the SEC and IBM (IBM) over their $10M settlement covering anti-bribery...
Friday, December 21, 2012, 5:28 AM ETA federal judge blasts the SEC and IBM (IBM) over their $10M settlement covering anti-bribery allegations brought up last year. A rather hot U.S. District Judge Richard Leon said he won't "rubber stamp" the deal unless the parties agree to additional FCPA reporting terms imposed by the court or produce a mountain of evidence on why such terms would be too burdensome. During the hearing, Leon promised not to roll over like the SEC has in the case.
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