Smith & Wesson to Pay $2 Million Over SEC Bribery Claims

Smith & Wesson Holding Corp. agreed to pay about $2 million to settle U.S. regulatory claims that it violated anti-bribery laws from 2007 to 2010 when certain employees made improper payments to officials in Pakistan, Indonesia and other countries to win firearms contracts.

The Securities and Exchange Commission announced the agreement today in an administrative order.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE