Fluor corporation statement on sec settlement

Irving, texas--(business wire)--fluor corporation (nyse: flr) announced today that the company has entered into a settlement agreement with the u.s. securities and exchange commission (“sec”) resolving the previously disclosed sec investigation of the company. as reflected in the administrative order (“order”) filed by the sec today, the investigation pertained to the company's accounting on two lump sum engineering, procurement and construction contracts. the company settles the matter neither.
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