Fluor reaches $14.5 million settlement with US SEC for accounting improprieties
( September 6, 2023, 21:37 GMT | Official Statement) -- MLex Summary: Fluor Corporation agreed to pay $14.5 million to settle US Securities and Exchange Commission claims over its alleged improper accounting for two large-scale, fixed-price construction projects. Five former and current officers and employees also agreed to settle related claims for allegedly causing Fluor’s violations.Statement follows in full. Also see document below. ...
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