September 28, 2018 / 3:39 PM / 2 months ago

Stryker to pay $7.8 million to settle Foreign Corrupt Practices Act charges

WASHINGTON (Reuters) - Medical device company Stryker Corp. will pay $7.8 million to settle charges it violated the Foreign Corrupt Practices Act, without admitting or denying the allegations, the top U.S. securities regulator said on Friday.

This was the second time the company has settled charges tied to the law, the Securities and Exchange Commission said.

Reporting by Lisa Lambert; Editing by Chizu Nomiyama

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