8 Hrs
Source:
Los Angeles Times
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Southern Glazer's pays $12.5M in California wine bribery
Southern Glazer’s Wine and Spirits will pay $12.5 million under a non-prosecution agreement after admitting that employees, including California-based executives, bribed alcohol retailers with cash, gifts, and luxury trips to secure favorable product placement. The company agreed to enhance compliance efforts and cooperate with authorities, following charges related to years of improper payments concealed through false invoices and third-party vendors. Several executives and former employees have been indicted or charged with conspiracy, bribery, and obstruction in connection with the scheme.
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