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case-closed-linde-to-disgorge-11-2m-in-corrupt-spectra-gases-lawsuit
case-closed-linde-to-disgorge-11-2m-in-corrupt-spectra-gases-lawsuit

Case closed: Linde to disgorge $11.2m in corrupt Spectra Gases lawsuit

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A complicated legal case involving corrupt payments by a previous subsidiary of Linde North America Inc. has officially been closed by the US Department of Justice (DOJ).

In the case, Linde will have to disgorge a total a $11.2m – over half of which represents the benefits received by Spectra Gases, Inc. from improperly obtained sales of boron gas from November 2006 through December 2009.

The DOJ issued the Declination to both Linde North America and Linde Gas North America LLC in the lawsuit which concerned violations of the Foreign Corrupt Practices Act.

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