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  • Reuters6 months ago

    Plantronics to pay $36 million to settle SEC investigation into Polycom

    Plantronics will pay $36 million to settle the investigation, which began after Polycom reported it discovered evidence of "possible improper behavior" by former employees at its China unit. Plantronics, which bought Polycom in a $2 billion deal in July, said the incident happened prior to the video conferencing equipment maker going private in 2016. The company in August said the SEC and the U.S. Department of Justice (DOJ) were investigating into possible violations of the Foreign Corrupt Practices Act by Polycom.

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