On Thursday, Juniper Networks paid the U.S. Securities and Exchange Commission (SEC) $11.7 million to settle foreign bribery chargers related to its sales practices in China and Russia.
Sunnyvale, Calif.-based Juniper paid $4 million in disgorgement, which was the amount of profit it made based on its conduct, and a $6.5 million penalty along with roughly $1.2 million in interest. As part of the settlement, Juniper neither denied nor admitted to the SEC’s findings.
