SEC
Whistleblower
Attorneys

February 19, 2020

Diageo plc

Financial Fraud

SANCTION AMOUNT: $5000000

Defendants: Diageo plc

According to the settled administrative Order brought by the SEC, employees at Respondent's North America subsidiary pressured distributors to buy products in excess of the present demand (i.e., "channel stuffing"). The resulting increase in shipments enabled the company to report higher growth and meet performance targets.

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