NDM Post 53

News Corp won't be prosecuted in US in relation to phone hacking

News Corporation will not face any charges in the US in relation to phone hacking and payments to public officials by News of the World journalists in the UK. News Corporation was notified by the United States Department of Justice that it has completed its investigation of voicemail interception and payments to public officials in London and is declining to prosecute the company or 21st Century Fox. If additional information or evidence should be made available in the future, the Department reserves the right to reopen the inquiry.

the company was looking at a possible payment of over $850m

Last year, the DOJ and SEChanded out several large fines in relation to FCPA investigations including $772m to French industrial giant Alstom, $135m to Avon and $108m to Hewlett-Packard.

http://www.theguardian.com/media/2015/feb/02/news-corp-phone-hacking-us