Lucent's China Chief, 3 Other Executives Fired ; Shake-Up Follows Internal Audit

Summary


Lucent Technologies Inc. fired the president of its Chinese operations and three other executives Tuesday after discovering they may have violated American laws prohibiting payments to foreign officials to win or keep business.

The action comes less than nine months after the Murray Hill- based telecommunications equipment maker came under federal investigation for possible bribe-paying in Saudi Arabia.

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Extract


Lucent's China Chief, 3 Other Executives Fired ; Shake-Up Follows Internal Audit

In a filing Tuesday with the Securities and Exchange Commission, the company said it had fired the president...

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