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September 27, 2019

Westport Fuel Systems, Inc., Nancy Gougarty

FCPA

SANCTION AMOUNT: $4166000

Defendants: Westport Fuel Systems, Inc.
Nancy Gougarty

Settlement of charges against a Canadian clean fuel technology company (NASDAQ: WPRT) and its American former CEO. The SEC charged that they bribed a Chinese government official involved with a joint venture in order to obtain business and approval of an increased cash dividend payment.

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