L'Oreal settles Commerce Department antiboycott investigation; avoids 145 charges.
This article was originally published in The Rose Sheet
Executive Summary
L'OREAL/COMMERCE DEPARTMENT ANTIBOYCOTT SETTLEMENT AVOIDS POTENTIAL 145 CHARGES against the cosmetics company alleging violations of the U.S. Export Administration Act and Regulations. L'Oreal S.A.'s U.S. arm Cosmair, its Florida-based subsidiary Parbel (formerly Helena Rubinstein) and Cosmair Associate Corporate Counsel Bruce Mishkin were named in three consent agreements, which were signed Aug. 29.