Neogen Says Iran Sanctions Probe Concluded Without Fine

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Neogen Says Iran Sanctions Probe Concluded Without Fine
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The food-safety and veterinary-products company said it had received a cautionary letter from the U.S. Treasury Department’s sanctions enforcer but that it didn’t receive any fine or enforcement action.

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The food-safety and veterinary-products company said it had received a cautionary letter from the U.S. Treasury Department’s sanctions enforcer but that it didn’t receive any fine or enforcement actionFood-safety and veterinary-products company Neogen disclosed that the Treasury Department’s Office of Foreign Assets Control had concluded a probe into potential sanctions violations regarding transactions by the company with parties in Iran without issuing a fine.

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