Three former Austal executives were indicted last year on accounting fraud charges and are awaiting trial. Also on Tuesday, ...

The Justice Department said Austal USA conspired to mislead shareholders and investors about its financial condition.

Austal USA, an Alabama-based shipbuilder that makes vessels for the U.S. Navy, has admitted wrongdoing and agreed to pay a ...

Austal USA LLC, Mobile, Ala., pleaded guilty and agreed to pay $24 million to settle with the U.S. Department of Justice over ...

Three former Austal USA executives were indicted last year on accounting fraud charges. They are awaiting trial.

USS Tulsa (LCS 16) returns to Austal USA after ... Justice to settle an accounting fraud case, Australian parent company ...

Austal USA LLC has pled guilty and has agreed to pay $24 million to resolve an investigation by the U.S. Justice Department ...

Mobile, Alabama-based shipbuilder Austal USA and its Australian-based parent ... the Littoral Combat Ships program William ...

Austal understated an accounting metric known as “estimate at completion” for the construction of Littoral Combat Ships, according to SEC allegations.

Austal USA, an Alabama-based shipbuilder for the US Navy, has admitted to accounting fraud and will pay a $24 million fine.

Austal USA has also agreed to retain an independent compliance monitor for three years and implement a compliance and ethics program. Three former Austal USA executives were indicted last year on ...