Affinia Group Intermediate Holdings, Inc. (Affinia) operated as a holding company. The Company, through its subsidiaries, manufactured, distributed, and marketed motor vehicle replacement parts and accessories such as brake systems, steering and suspension components, filtration products, and commercial distribution services.
In its March 31, 2014, 10-K filing, Affinia disclosed a company review of certain allegations that had arisen in connection with its business operations involving subsidiaries in Poland and Ukraine.
The allegations concerned potential improper payments in connection with governmental approvals, permits, or other regulatory areas and possible conflicts of interest. The review was supervised by the Audit Committee of Affinia’s Board of Directors, and conducted with the assistance of outside professionals.
Affinia voluntarily self-reported the matters to the U.S. Department of Justice and the U.S. Securities and Exchange Commission and, according to its filings, the company cooperated fully with the government.
Affinia disclosed in its April 13, 2016, 10-K that the U.S. Department of Justice would decline to prosecute the company in connection with these matters.
In its May 4, 2016, 8-K, Affinia disclosed that it had completed its merger and acquisition by MANN+HUMMEL Holding GmbH, a German private company. That 8-K filing was the last public filing made by Affinia with the SEC, so the status of the SEC investigation into the company is unknown.
