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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Avon Products Inc | NYSE:AVP | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.60 | 0 | 01:00:00 |
Goldfarb Branham LLP is investigating Avon Products (NYSE: AVP) for shareholders due to a U.S. Government probe into potential violations of the Foreign Corrupt Practices Act. Concerned shareholders are urged to contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com.
“Avon disclosed that it had incurred significant fees associated with the company’s internal investigation, focusing on compliance with the FCPA in its Chinese operations,” said attorney Hamilton Lindley. “In fact, Avon has suspended the president, chief financial officer and top government affairs executive at its China unit, and a fourth employee who was a senior executive in New York. The investigation has now spread to at least four international business units outside of China.”
Goldfarb Branham LLP is investigating a derivative lawsuit against company executives for allowing this scheme to occur. Derivative lawsuits often lead to restored confidence in companies and increased shareholder value. If you are a shareholder of Avon, you are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com. Lawyers at Goldfarb Branham LLP have significant experience litigating derivative cases and other shareholder lawsuits nationwide.
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