S.E.C. v. Universal Corporation

The U.S. Securities and Exchange Commission alleged that an international tobacco sales company bribed foreign officials in order to get or retain business. The SEC charged that the company paid almost $2 million in bribes between 2000 and 2007 to government officials in Thailand, Mozambique, and Malawai. The company entered into a settlement agreement with the SEC prohibiting the company from engaging in future acts of bribery and improper recordkeeping. Although the company did not admit guilt, it agreed to pay a fine of $4,581,276.51 and to hire and SEC-approved independent monitor to evaluate its recordkeeping and reporting policies for 3 years.


S.E.C. v. Universal Corp., 1:10-cv-01318-RWR, US District Court for the District of Columbia (2010).

  • United States
  • Aug 6, 2010
  • US District Court for the District of Columbia


Plaintiff Securities and Exchange Commision

Defendant Universal Corporation

Legislation Cited

Foreign Corrupt Practices Act of 1977 (FCPA)

Securities and Exchange Act of 1934

Related Documents

Type of Litigation

Tobacco Control Topics

Substantive Issues

Type of Tobacco Product