February 16, 2016

PTC Inc.

Foreign Corrupt Practices Act

SANCTION AMOUNT: $13,622,000

Defendants: PTC Inc.

Respondent was charged with FCPA violations for providing non business-related travel and other improper payments to various employees of government-owned customers in China in efforts to win or retain business, with the improper payments disguised as legitimate commissions or business expenses in the company's books and records.

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