Francisco Industries, Inc. (FRAZ)

[deet49]

GE Strikes $2.7M Settlement Over Payments From Cuban Co.

$2,718,581 to settle its potential civil liability for 289 alleged violations of the Cuban Assets Control Regulations, 31 C.F.R. part 515 (CACR). Specifically, between December 2010 and February 2014, the GE Companies appear to have violated § 515.201(b) of the CACR on 289 occasions by accepting payment from The Cobalt Refinery Company (“Cobalt”) for goods and services provided to a Canadian customer of GE.

https://www.law360.com/aerospace/articles/1204711/ge-strikes-2-7m-settlement-over-payments-from-cuban-co-

so if some company were to receive SUGAR for example to some subsidiary in another country that would be a violation of title III ...? NSRGY ?

FRAZ