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The Independent UK

National

Via AP news wire

Military shipbuilder Austal says investigation settlement in best interest of company

Austal Company Austal USA Justice Department

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Executives with military shipbuilder Austal said settling an accounting fraud investigation, which included an agreement to pay a $24 million penalty, is the best outcome for the company and that new controls are in place.

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Hurricane Trudy brings heavy rain and strong winds to Mexico’s Pacific coast

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