A Texas-based company that develops 3D animation hardware and software has agreed to pay $189,483 to settle allegations it knowingly violated U.S. sanctions against Iran.

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Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...