Microsoft will pay $26 million to settle claims that it violated the Foreign Corrupt Practices Act when a handful of Hungarian employees inflated margins on software sales to fund an improper payment scheme. Microsoft didn’t admit or deny wrongdoing, according to the settlement documents. But in an email to employees, President and Chief Legal Officer Brad Smith said that the claims “involved employee misconduct that was completely unacceptable” and that the employees involved and the partners with whom they worked “behaved in a wholly unethical manner.”
Read the article: The Washington Post
