Ability Inc: Rises on SEC settlement of antifraud complaint

Ability

10/12/2019 13:24

** Ability Inc's U.S.-listed shares  ABIL.TA   ABIL.O  rise
2.9% premarket to 60 cents
    ** Israel-based interception and cyber security tools
provider settles antifraud complaint with U.S. Securities and
Exchange Commission (SEC)
    ** Complaint against ABIL and its unit among others had
alleged violations of antifraud provisions in connection with a
Dec. 2015 deal with Cambridge Capital Acquisition Corp
    ** Settlement amount to be determined later by a court on
motion by SEC
    ** Through Monday's close, ABIL shares were down ~69% this
year

 (Reporting by Shariq Khan in Bengaluru)
 ((Shariq.Khan@thomsonreuters.com; Twitter: @s_qakhan))