The former head of a Southern California cloud-computing company was charged Sept. 27 with paying $2.5 million in bribes to inflate the company’s value and fraudulently obtain almost $100 million (United States v. Pulier, C.D. Cal., No. 17-cr-599, 9/27/17).
A federal grand jury returned a 15-count indictment against Eric Pulier, who founded ServiceMesh Inc. and served as its chief executive officer, alleging he bribed two senior technology executives at Commonwealth Bank of Australia to approve contracts. Computer Sciences Corp., which acquired ServiceMesh in 2013, paid a $98 million bonus incentive to Pulier and other shareholders due ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.
