Nationwide Alcohol Distributor Agrees To Pay Over $12 Million To Resolve Federal Investigation Into Bribery And False Invoicing Practices
SAN FRANCISCO - Southern Glazer’s Wine and Spirits, LLC (“Southern Glazer’s”), a nationwide alcohol distributor headquartered in Florida, has entered into a non-prosecution agreement with federal prosecutors, and agreed to make a monetary payment of $12.5 million and other remedies to resolve the investigation
What happened
SAN FRANCISCO - Southern Glazer’s Wine and Spirits, LLC (“Southern Glazer’s”), a nationwide alcohol distributor headquartered in Florida, has entered into a non-prosecution agreement with federal prosecutors, and agreed to make a monetary payment of $12.5 million and other remedies to resolve the investigation
Why it matters
The development may change operating conditions or market expectations around Regulation. Further confirmation and measurable outcomes matter.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- U.S. Department of JusticePrimary source · Supports · EN · 100%Nationwide Alcohol Distributor Agrees To Pay Over $12 Million To Resolve Federal Investigation Into Bribery And False Invoicing Practices ↗
Claims
- Nationwide Alcohol Distributor Agrees To Pay Over $12 Million To Resolve Federal Investigation Into Bribery And False Invoicing Practices Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
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