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Company: Ralph Lauren Corporation
Current Parent Company:
Ralph Lauren Corp.
Parent at the Time of the Penalty Announcement:
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Penalty: $882,000
Year: 2013
Date: April 22, 2013
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: kickbacks and bribery
Violation Description: Ralph Lauren Corporation agreed to pay an $882,000 penalty to resolve allegations that it violated the Foreign Corrupt Practices Act by bribing government officials in Argentina to obtain improper customs clearance of merchandise.
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: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: apparel
Specific Industry of Current Parent: apparel
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.