Johnson & Johnson fined $70 million over bribery allegations

The Securities and Exchange Commission today charged Johnson and Johnson (J&J) with violating the Foreign Corrupt Practices Act (FCPA) by bribing public doctors in several European countries and paying kickbacks to Iraq to illegally obtain business.

Click here to read the release from the SEC.

Click here to read an article on the allegations from MarketWatch.

Click here to read an article about J&J's recent reorganization, including its oral care division.