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Message: [QUOTE="Waltdods, post: 2569978, member: 2932"] I think it's unlikely there's a securities crime here for the payments per se. (There will probably be a securities lawsuit or ten, and maybe an SEC investigation.) But Addidas had revenue of more than $20 billion last year. Their securities filings list almost $9 billion in "other operating expenses" which probably includes these payments, which even generously might have been a few million dollars. Some private plaintiffs and maybe the SEC have at times taken the position that the failure to disclose illegal behavior can itself be a securities violation. I don't know enough about the state of the law to know where this stands, though I'm skeptical DOJ (and particularly a Republican DOJ) would pursue this criminally. [/QUOTE]