While Avon Products Inc. works to resolve its long-running Foreign Corrupt Practices Act case, its proposed settlement is part of a recent trend in overseas bribery cases.
Avon discovered and started investigating possible FCPA violations in China in 2008. It self-reported to the U.S. Securities and Exchange Commission and to the U.S. Department of Justice. Still, the settlement talks did not go as the cosmetics company had hoped.
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