24/7 Newsfeed

Put Reason 24/7 on Your Site

RSS

Follow Reason 24/7 on Twitter and via RSS

Firm Formerly Known as Blackwater to Pay Millions in Fines

The private security firm that used to known as Blackwater has agreed to pay a $7.5 million fine, as well as acknowledges a $42 million settlement with the U.S. State Department for arms smuggling and other charges.

The court documents against Blackwater, which is now known as Academi, LLC, were unsealed in federal court in New Bern.

Source: WITN NBC. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.

advertisement