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Company: Lucent Technologies Inc.
Current Parent Company:
Nokia
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $1,000,000
Year: 2007
Date: December 21, 2007
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: kickbacks and bribery
Violation Description: Lucent Technologies Inc. agreed to pay a $1 million fine to resolve allegations that it violated the Foreign Corrupt Practices Act.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
Prosecution Agreement: non-prosecution agreement
HQ Country of Current Parent: Finland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: telecommunications
Specific Industry of Current Parent: telecommunications
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.