Executives of Alabama-based Austal Shipbuilding Accused of Inflating Earnings

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Insurance Journal - Apr 03, 2023

Three current and former former executives of a shipbuilder that constructs vessels for the U.S. Navy have been indicted on accounting fraud charges accusing them of falsely inflating the company’s reported earnings, federal prosecutors said. Craig Perciavalle, 52, Joseph Runkel, …...

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