ABB controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
Foreign Corrupt Practices Act resolution
ABB agreed to a coordinated global resolution concerning alleged improper payments and related conduct, including matters involving South Africa.
2010
Second Foreign Corrupt Practices Act settlement
ABB faced another US Foreign Corrupt Practices Act settlement related to alleged bribery conduct.
2004
First Foreign Corrupt Practices Act settlement
ABB entered an early US Foreign Corrupt Practices Act resolution concerning alleged improper payments.
2001
Combustion Engineering asbestos litigation
ABB faced substantial asbestos-related claims connected with products sold before its acquisition of US company Combustion Engineering. Increased provisions contributed to ABB’s first annual loss, and a major settlement was reached in 2006.
2001
Bid-rigging guilty plea
An ABB entity pleaded guilty in the United States in a bid-rigging matter, adding to the company’s legal and compliance history.