NCR Corp. said last week it was "informed by the staff of the Securities and Exchange Commission that it does not intend to recommend an enforcement action."
Entries in NCR (7)
Here's what ATM-maker NCR Corporation said in its SEC filing (Form 8-K) this month about ongoing FCPA and OFAC investigations:
Here's a detailed investigation disclosure by NCR from its latest SEC filing.
In response to findings of an internal investigation triggered by a whistleblower complaint, Atlanta-based NCR Corporation said it identified 'a few opportunities to strengthen [its] comprehensive FCPA compliance program, and remediation measures were proposed and are being implemented.'
In an earnings call Thursday, Gavin Bell, the vice president of investor relations for Atlanta-based NCR, revealed more details about investigations of potential FCPA violations in China, the Middle East, and Africa.
NCR has responded to last month's Wall Street Journal report, questioning the motives of the source behind the report about potential FCPA violations in China, the Middle East, and Africa, and the accuracy of the complaints.
A story in yesterday's Wall Street Journal by Chris Matthews and Sam Rubenfeld said NCR Corp managers complained about a Dutch in-house lawyer who opposed sales practices that might have violated the FCPA and eventually replaced him with a Chinese lawyer.
A 'tipster' showed documents to the WSJ indicating possible violations by employees of NCR in China and across the Middle East.