Last updated: September 9, 2016
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Standard filing reveals statement by the company
Cisco Systems says in a filing that it won't face action from US authorities tied to a multi-year investigation of its business in Russia. The US SEC and Department of Justice asked the company to investigate allegations regarding the Foreign Corrupt Practices Act in Russia and certain countries in the Commonwealth of Independent States, a probe it disclosed in 2014.
Cisco says it cooperated fully with the authorities and: "Based on the investigation results, both the SEC and the Department of Justice have recently informed us that they have decided not to bring enforcement actions," Cisco says in the filing.