Elbit Imaging Announces the Approval of an Offer of Settlement Submitted to The Securities and Exchange Commission

Author's Avatar
Apr 12, 2019
Article's Main Image

TEL AVIV, ISRAEL / ACCESSWIRE / March 12, 2018 / Elbit Imaging Ltd. ("EI" or the "Company") (TASE: EMITF; NASDAQ: EMITF) announced today (further to the disclosure in the Company's Form 20-F for the fiscal year ended December 31, 2016, under Item 3D (the caption "Risk Factors")) that the Securities and Exchange Commission ("SEC") approved an offer of settlement that was submitted to it by the Company regarding concerns of a violations of the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act of 1977 ("FCPA"), as follows: