Tuesday, August 27, 2024

SEC Charges U.S. Navy Shipbuilder Austal USA with Accounting Fraud

The Securities and Exchange Commission today announced that Austal USA, LLC, a Mobile, Alabama-based shipbuilder, and its Australia-based parent company, Austal Limited, have agreed to settle the SEC’s charges that the companies conducted a fraudulent…

Read the Full Press Release


Have a securities law question? Call New York Securities Lawyers at 212-509-6544.