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SEC Prepares Civil Charges Versus Oreo
- Reuters, Thursday, October 15, 2015 8:08 AM
The Securities and Exchange Commission is preparing to file civil charges against Oreo cookies maker Mondelez International Inc in connection with a long-running investigation of payments its Cadbury unit made in India, per sources. Mondelez is unlikely to face any criminal bribery charges under the Foreign Corrupt Practices Act because no evidence has emerged connecting suspicious payments to the United States.
