The U.S. Securities and Exchange Commission (SEC) warned Lucent Technologies to expect an “enforcement action” over violations of the Foreign Corrupt Practices Act (FCPA) by executives at its Chinese operations.In April 2004, Lucent fired the president, chief operating officer, a marketing executive and a finance manager at its Chinese operations following a company investigation into the use of bribery by Lucent executives to secure contracts. The firing of the four executives was the result of FCPA violations uncovered by Lucent, and was reported to the SEC and the U.S. Department of Justice.On Wednesday, Lucent reported in an SEC filing that it had received a Wells notice from the SEC related to violations of the FCPA by Lucent China. A Wells notice is used to inform a company that SEC staff has made a preliminary recommendation to take action against it.The FCPA violations uncovered by Lucent in 2004 did not have a material impact on the company’s business. However, Lucent is not able to determine whether the ongoing investigation into those violations will have an impact on the company’s operations in China or elsewhere, the filing said. -Sumner Lemon, IDG News Service (Singapore Bureau)Check out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content brandpost Sponsored by Freshworks When your AI chatbots mess up AI ‘hallucinations’ present significant business risks, but new types of guardrails can keep them from doing serious damage By Paul Gillin Dec 08, 2023 4 mins Generative AI brandpost Sponsored by Dell New research: How IT leaders drive business benefits by accelerating device refresh strategies Security leaders have particular concerns that older devices are more vulnerable to increasingly sophisticated cyber attacks. By Laura McEwan Dec 08, 2023 3 mins Infrastructure Management case study Toyota transforms IT service desk with gen AI To help promote insourcing and quality control, Toyota Motor North America is leveraging generative AI for HR and IT service desk requests. By Thor Olavsrud Dec 08, 2023 7 mins Employee Experience Generative AI ICT Partners feature CSM certification: Costs, requirements, and all you need to know The Certified ScrumMaster (CSM) certification sets the standard for establishing Scrum theory, developing practical applications and rules, and leading teams and stakeholders through the development process. By Moira Alexander Dec 08, 2023 8 mins Certifications IT Skills Project Management Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe