Wednesday - November 27, 2024
Litigation: SEC Vs. Austal Limited, Austal USA
August 28, 2024
WASHINGTON, Aug. 28 -- The Securities and Exchange Commission issued the following litigation release (No. 1:24-cv-00307; S.D. Ala. filed Aug. 26, 2024) involving Austal Limited and Austal USA LLC:

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SEC Charges U.S. Navy Shipbuilder Austal USA with Accounting Fraud

Australian parent company Austal Limited also charged with fraud

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The Securities and Exchange Commission today announced that Austal USA, LLC, a Mobile, Alabam . . .

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