Southern Glazer's Wine and Spirits has agreed to pay $12.5 million to resolve allegations of bribery. The company's executives and employees allegedly bribed alcohol retailers to secure favorable placement of certain products.

The agreement was made with federal prosecutors, bringing an end to the investigation into the company's practices. Further details of the case and the agreement are available from the source.

The settlement amount of $12.5 million indicates the seriousness of the allegations against Southern Glazer's Wine and Spirits, which is California's largest alcohol distributor.