U.S. FCC fines Siemens $175,000 for failing to disclose felonies

September 22, 2016 7:14 PM

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U.S. FCC fines Siemens $175,000 for failing to disclose felonies

WASHINGTON Siemens Corp and Siemens Medical Solutions, units of Siemens AG (SIEGn.DE), have agreed to pay a $175,000 fine for failing to disclose corporate felony convictions to the Federal Communications Commission, the agency said on Thursday.

Under FCC rules, wireless license holders, like Siemens, Siemens Medical, and some of their subsidiaries, are required to disclose any felony convictions in their license applications, the FCC said in news release.

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