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Avon shares slump 4% after latest issues surrounding bribery scandal.
July 31, 2012
By: TOM BRANNA
Editor
Andrea Jung may no longer be running the day-to-day operations at Avon Products, Inc., but she still may be a person of interest to Federal prosecutors. And the Feds’ interest has Avon shareholders jittery. Shares of Avon fell 4% Monday after a published report suggested that federal prosecutors want to meet with former CEO Andrea Jung as part of a bribery investigation. The company is currently involved in a years-long bribery investigation that led to the oust...
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