Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

York International Reaches Settlement with DOJ and SEC
Oct 2, 2007
 Printable format
 Email this Article
 Search

York International entered into a deferred prosecution agreement with the U.S. Department of Justice (DOJ) and a consent agreement with the U.S. Securities and Exchange Commission (SEC) resolving issues related primarily to activities involving certain overseas contracts.

The settlements include US$22 million in fines, interest and the disgorgement of past profits on the contracts. The financial settlements are not expected to materially impact the company as they have been fully provided for in prior periods. The investigation did not reveal any personal misconduct by York senior officers. The agreements with the DOJ and SEC also provide for an independent consultant to monitor York's compliance with all relevant laws.

Back to Daily News

 

Daily News

...........................................................

Sep 12, 2014: AHRI Suggests Changes to EPA on Proposed SNAP Amendment

Sep 12, 2014: Consumer Confidence Index Up in August

Sep 12, 2014: August 2014 Housing Starts in Canada

Sep 11, 2014: Middleby Acquires Commercial Coffee Machine Producer Concordia

Sep 11, 2014: Electrolux Again Ranked Industry Leader in the Dow Jones Sustainability World Index

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows