Albemarle Corporation Settles FCPA Investigations with $218M Payment amid Bribery Allegations
In a recent development, The Albemarle Corporation, a specialist chemicals manufacturing company based in North Carolina, has agreed to pay a hefty sum of over $218 million to settle FCPA investigations conducted by the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). The investigations were largely focused on allegations of bribery payments…