WPP Plc: $22M Penalties

Administrative Order by the U. S. Securities and Exchange Commission imposing penalties totaling $22.5 million on WPP Plc, described as “the world’s largest advertising group” that is domiciled in Jersey, in the Channel Islands; headquartered in London and New York City, and whose shares are listed on the New York Stock Exchange for alleged violations of “the anti-bribery, books and records, and international accounting controls provisions of the Foreign Corrupt Practices Act” involving its subsidiaries in Brazil, China, India, and Peru.