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Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

KBR Fined $2.5 Million

KBR Inc. will pay $2.5 million to settle SEC charges of claiming $459 million in expected revenue though it had no orders for such work, the SEC said Monday.

WASHINGTON (CN) — KBR Inc. will pay $2.5 million to settle SEC charges of claiming $459 million in expected revenue though it had no orders for such work, the SEC said Monday.

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