USS Tulsa (LCS 16) returns to Austal USA after launching from the drydock at BAE Ship Systems on March 16, 2016. US Navy photo. A federal grand jury on Friday indicted former Austal USA executives ...

Three current and former executives of Mobile-based shipbuilder Austal USA were indicted by a federal grand jury Thursday in connection with an accounting fraud scheme that misled investors about ...

MONTGOMERY, Ala. — Three current and former former executives of a shipbuilder that constructs vessels for the U.S. Navy and Coast Guard have been indicted on accounting fraud charges accusing ...

Three former Austal executives were indicted last year on accounting fraud charges and are awaiting trial.. Also on Tuesday, Austal agreed to pay a $811,259 settlement to resolve allegations that ...

Australian shipbuilder Austal Ltd sank as much as 8.4% to its lowest level in more than four years on Monday after the United States Department of Justice indicted three of its former U.S ...

MOBILE, Ala. (WALA) - A federal grand jury has indicted Austal USA’s former president, a current employee and a former executive, accusing them of cooking the books to make company’s signature ...

MOBILE, Ala. (WKRG) — A federal grand jury has indicted the former president of Austal USA, and two other former Austal executives, with “orchestrating an accounting fraud scheme,&#8221… ...

Austal executives charged with fraud on US Navy projects Matthew Cranston United States correspondent Updated Apr 2, 2023 – 5.28pm , first published at 7.48am ...

MOBILE, Ala. - Attorneys for three former Austal USA executives are asking a federal judge to dismiss criminal fraud charges related to allegations that they misled investors.A grand jury indicted ...

MOBILE, Ala. — Austal USA, an Alabama-based shipbuilder that makes vessels for the U.S. Navy, has admitted wrongdoing and agreed to pay a $24 million fine to settle an accounting fraud ...

The deal stems from last year’s indictment of three former Austal USA executives for conduct between 2013 and 2016 that resulted in the Mobile, Ala.-based shipyard writing down work in 2016.