Limitations regarding the use of quotes
The quotes provided here reflect statements from a specific decision. Accordingly, the International Legal Consortium (ILC) cannot guarantee that an appellate court has not reversed a lower court decision which may influence the applicability or influence of a given quote. All quotes have been selected based on the subjective evaluations undertaken by the ILC meaning that quotes provided here may not accurately or comprehensively represent a given court’s opinion or conclusion, as such quotes may have originally appeared alongside other negative opinions or accompanying facts. Further, some quotes are derived from unofficial English translations, which may alter their original meaning. We emphasize the need to review the original decision and related decisions before authoritatively relying on quotes. Using quotes provided here should not be construed as legal advice and is not intended to be a substitute for legal counsel on any subject matter in any jurisdiction. Please see the full limitations at https://www.tobaccocontrollaws.org/about.
The U.S. Securities and Exchange Commission alleged that an international tobacco sales company bribed foreign officials. The SEC charged that the company paid more than $3 million in bribes to officials in Kyrgyzstan, Thailand, Greece, and Indonesia between 1996 and 2004. The company entered into a settlement agreement with the SEC. Although the company did not admit guilt, it agreed to pay a fine of $10 million and to hire an independent monitor to evaluate its recordkeeping and financial reporting policies for a period of 3 years.