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Violation Tracker Individual Record

Company: Las Vegas Sands Corp.
Current Parent CompanyLas Vegas Sands Corp.
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $9,000,000
Year: 2016
Date: April 7, 2016
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: kickbacks and bribery
Violation Description: The Securities and Exchange Commission announced that Las Vegas Sands Corp. agreed to pay a $9 million penalty to settle charges that it violated the Foreign Corrupt Practices Act by failing to properly authorize or document millions of dollars in payments to a consultant facilitating business activities in China and Macao.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Nevada
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: entertainment
Specific Industry of Current Parent: casinos
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.