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Moog agrees to pay $1.1 million to settle US SEC allegations of bribes paid to Indian officials

( October 11, 2024, 13:59 GMT | Official Statement) -- MLex Summary: Moog Inc., a New York-based global manufacturer of motion controls systems for aerospace, defense, industrial and medical markets, agreed to pay a civil penalty of $1.1 million to resolve US Securities and Exchange Commission allegations that it violated the Foreign Corrupt Practices Act by paying bribes to Indian government officials through its local subsidiary.Statement and consent order follow below:...

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