General
Telefônica Brasil Pays $4.125 Million for Hospitality-Related FCPA Violations
As the old adage provides – better late than never. (Same applies for my somewhat tardy posting on this case). Telefônica Brasil settled FCPA violations with the SEC for a pretty penny -- $4.125 million in civil penalties in connection its hospitality program for the 2014 World Cup and 2013 Confederations