regulatory
confidence high
sentiment positive
materiality 0.70
DOJ declines prosecution of Lifecore for FCPA violations; $406,505 disgorgement agreed
LIFECORE BIOMEDICAL, INC. DE
- DOJ declines to prosecute Lifecore for FCPA violations involving former subsidiary Yucatan Foods.
- Lifecore to pay disgorgement of $406,505 as part of resolution.
- Company to continue cooperating with ongoing government investigations.
- Resolution stems from voluntary self-disclosure previously disclosed in public filings.