Quad/Graphics Self-Reports FCPA and Sanctions Violations, Earning a DOJ Declination and Small SEC Fine

Quad/Graphics, Inc. has learned the hard way that business growth needs corresponding compliance growth. The marketing-solutions and printing-services company has settled SEC allegations that it bribed officials in China and Peru and concealed sales transactions in Cuba after gaining an international footprint through the acquisition of a Canadian printing company. We take a look at the unique allegations and how Quad’s prompt self-disclosure to U.S. authorities earned it a DOJ declination and a relatively small civil penalty. See “How Anti-Corruption Compliance Can Springboard Sanctions Compliance” (Feb. 15, 2017).

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