In the criminal part of the settlement, the company signed a nonprosecution agreement with the DOJ in which it agreed to pay a $138 million penalty to settle violations of the Foreign Corrupt Practices Act. The SEC announced that the company also agreed to pay another $144 million to settle related claims.
"This is a profession and the profession has principles. The profession has values," said retired U.S. District Judge Jeremy Fogel at a program titled "The Human Side of Judging" Wednesday night at Berkeley Law School. "I don't think the public really understands what those values are, and I think to a large part that's on us."