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Saturday, October 24, 2026
Courthouse News Service
Saturday, October 24, 2026 | Back issues
Courthouse News Service Courthouse News Service

Foreign Bribes

Legg Mason, an asset manager, will pay $34.5 million to resolve a claim that it bribed Libyan officials, on top of a $33 million fine to the Department of Justice, the SEC said Monday.

WASHINGTON — Asset manager Legg Mason Inc. struck a $34.5 million settlement Monday with the Securities and Exchange Commission to resolve a claim that it bribed Libyan officials. It also will pay a $33 million fine to the Department of Justice.

Categories / Business, Criminal

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