A French bus parts supplier will pay more than $2.4 million in penalties, disgorgement, and restitution to settle charges that it fraudulently misled its U.S. customers about the source of some of its parts.
As part of a settlement with the Department of Justice (DOJ), announced Monday in a press release, CBM will pay a fine of $1.5 million, disgorgement of approximately $463,000, and nearly $440,000 in restitution.
