FILE PHOTO: The U.S. Department of Justice building is seen in Washington, U.S., February 1, 2018. REUTERS/Jim Bourg

WASHINGTON (Reuters) - Asset management firm Legg Mason Inc LM.N has entered into a settlement agreement with the U.S. Justice Department and agreed to pay $64.2 million to resolve allegations it violated anti-bribery laws through one of its subsidiaries in Libya, the department said on Monday.

The Justice Department said in a statement that as part of the deal it agreed to not prosecute the company.