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Kaman (KAMN -0.7%) settles a dispute with the DOJ over allegations it violated the False Claims...
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Wednesday, December 21, 2011, 1:50 PM ETKaman (KAMN -0.7%) settles a dispute with the DOJ over allegations it violated the False Claims Act. Under the terms of the agreement, one of its subsidiaries will make a payment of $4.75M to the government. The firm also says it will write off $1.45M in inventory, taking a total Q4 charge of $6.2M to reflect both actions.
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