Brief: Austal Ltd Announces Resolution Of U.S. Regulatory Investigation

Austal

27/08/2024 02:55

Aug 27 (Reuters) - Austal Ltd  ASB.AX :
    * RESOLUTION OF US REGULATORY INVESTIGATION
    * REACHED A GLOBAL RESOLUTION WITH BOTH US DOJ, US SEC
    * UNDER TERMS OF RESOLUTION, AUSA WILL PAY A PENALTY OF
US$24
MILLION, AMONG OTHERS
    * RESOLUTION TO RESOLVE INVESTIGATIONS INTO EVENTS LEADING
UP TO
WRITE BACK OF WORK IN PROGRESS IN JULY 2016
    * IS SEEKING TO ENTER INTO ASSOCIATED ADMINISTRATIVE
AGREEMENT
WITH US NAVY

Further company coverage:  ASB.AX 

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