Insurance broker Gallagher off hook in DOJ FCPA probe
By 
Kyle Brasseur2024-02-12T14:45:00
Arthur J. Gallagher disclosed the Department of Justice (DOJ) ended an investigation into the insurance broker’s business in Ecuador for potential violations of the Foreign Corrupt Practices Act (FCPA).
“During the fourth quarter of 2023, the DOJ informed us that it had closed its inquiry and would not be pursuing enforcement action against us in connection with this matter,” Gallagher said in a regulatory filing Friday.
The DOJ’s FCPA Unit began its probe into Gallagher during the second quarter of 2022, the company disclosed last year.
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