NEW YORK (Reuters) - A regulatory investigation into Avon Products Inc was triggered by the cosmetics company's vice chairman sharing material information about a China bribery investigation with a Citigroup analyst, a person familiar with the matter said on Tuesday.
The Securities and Exchange Commission's Regulation FD investigation began after Citigroup Inc's Wendy Nicholson published a research report on May 25 citing a meeting with Chuck Cramb, Avon's vice chairman of the developed market group and interim chief finance officer.