Expro resolves FCPA investigation; pays $7.99M to SEC

EXPRO GROUP HOLDINGS N.V.

DOJ issued declination; SEC issued cease-and-desist order; company neither admitted nor denied findings.
Company pays $7.99 million for disgorgement, pre-judgment interest, and civil penalty.
Investigation voluntarily disclosed in 2016; resolved after cooperation and remedial actions.
Company improved internal accounting controls and compliance program post-merger with Frank's International.

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