Austal USA Guilty, Fined $24M
This is a Alabama news story, published by Yahoo Finance (Canada), that relates primarily to Austal USA news.
Alabama news
For more Alabama news, you can click here:
more Alabama newsbanking & finance news
For more banking & finance news, you can click here:
more banking & finance newsYahoo Finance (Canada) news
For more news from Yahoo Finance (Canada), you can click here:
more news from Yahoo Finance (Canada)About the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about
Austal USA LLC. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest shipbuilder news, Austal USA news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Austal LimitedAssociated Press News
•US Navy shipbuilder Austal USA agrees to pay $24 million to settle accounting fraud probe
81% Informative
Alabama -based shipbuilder Austal USA pleads guilty to securities fraud, obstruction of audit.
The company conspired to mislead shareholders and investors about the company's financial condition, the Justice Department says.
The Justice Department said the appropriate criminal penalty would be $73 million , but that was reduced because of company's inability to pay.
VR Score
85
Informative language
87
Neutral language
51
Article tone
formal
Language
English
Language complexity
68
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links