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Bribery probe of Calavo Growers suspended amid US enforcement pause

( March 12, 2025, 21:10 GMT | Official Statement) -- MLex Summary: In its quarterly earnings statement, Calavo Growers, a California-based food distributor, said the US Securities and Exchange Commission told the company that activity in its investigation into potential violations of the Foreign Corrupt Practices Act has been postponed after President Donald Trump signed an executive order pausing FCPA enforcement. "We do not currently anticipate any near-term action from the government’s FCPA inquiry that would likely have a material impact on our short-term financial outlook," the earnings statement said.Statement follows below:...

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