Mead Johnson Nutrition to pay $12.03 mln to settle SEC FCPA charges | Reuters

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WASHINGTON, July 28 Mead Johnson Nutrition Co. will pay $12.03 million to settle civil charges that itran afoul of U.S. bribery laws after its China-based unit madeimproper payments to certain healthcare professionals atstate-owned hospitals, U.S. regulators said Tuesday.

The Securities and Exchange Commission announced thesettlement with the company in an in-house court filing. The SECsaid Mead Johnson violated the books and records requirements ofthe Foreign http://www.blackplanet.com/your_page/blog/view_posting.html?pid=3786610&profile_id=65454460&profile_name=rosario8chan6&user_id=65454460&username=rosario8chan6 Corrupt Practices Act (FCPA) because it failed toreflect the improper payments on its books or have an adequatesystem of internal accounting controls.

(Reporting by Sarah N. Lynch; Additional reporting by JonathanStempel in New York; Editing by Bill Trott)