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AAR resolves Foreign Corrupt Practices Act investigations with the DOJ and SEC
AIRAAR(AIR) Prnewswire·2024-12-19 22:00

Group 1 - The press release contains forward-looking statements that reflect management's expectations about future conditions, including funding payments related to DOJ and SEC investigations [1] - Forward-looking statements often address expected future operating and financial performance, sustainability targets, and other business plans, typically using terms like "anticipate," "believe," "expect," and similar expressions [2] - These statements are based on management's beliefs and assumptions, subject to risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated [3] Group 2 - Various factors could adversely affect the commercial aviation industry, including negative publicity, reduced sales to the U.S. government, cost overruns, and competition from other companies [3] - Risks also include operational challenges such as nonperformance by subcontractors, a shortage of skilled personnel, and the need for significant capital expenditures to keep pace with technological developments [3] - The company may face legal and financial risks due to international operations, compliance with laws and regulations, and exposure to product liability claims that exceed insurance coverage [3]