Seeking Alpha

Kaman (KAMN -0.7%) settles a dispute with the DOJ over allegations it violated the False Claims...

Kaman (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.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)