Nautilus Hyosung Holdings pleads guilty to obstruction of justice in DOJ merger investigation | Practical Law

Nautilus Hyosung Holdings pleads guilty to obstruction of justice in DOJ merger investigation | Practical Law

On 15 August 2011, the US Department of Justice (DOJ) announced that Automated Teller Machine (ATM) manufacturer Nautilus Hyosung Holdings (NHH), a wholly-owned subsidiary of Korea-based Nautilus Hyosung Inc. (NHI), agreed to plead guilty to obstruction of justice charges for submitting false documents in a merger investigation. Additionally, NHH agreed to pay US$100,00 per count, for a total of US$200,000, in criminal fines.

Nautilus Hyosung Holdings pleads guilty to obstruction of justice in DOJ merger investigation

by Practical Law
Published on 01 Sep 2011 • USA (National/Federal)
On 15 August 2011, the US Department of Justice (DOJ) announced that Automated Teller Machine (ATM) manufacturer Nautilus Hyosung Holdings (NHH), a wholly-owned subsidiary of Korea-based Nautilus Hyosung Inc. (NHI), agreed to plead guilty to obstruction of justice charges for submitting false documents in a merger investigation. Additionally, NHH agreed to pay US$100,00 per count, for a total of US$200,000, in criminal fines.