Alcatel-Lucent (ALU) agrees to pay $137M to settle SEC and DOJ charges that it bribed foreign...

|By:, SA News Editor

Alcatel-Lucent (ALU) agrees to pay $137M to settle SEC and DOJ charges that it bribed foreign government officials to score business deals in Latin America and Asia. The scheme "was the product of a lax corporate control environment at the company," SEC says. ALU -0.35% AH.