Home Page : Archive News : January 2017 News : UPDATE 1-Straight Path settles U.S. license investigation, shares jump | |
UPDATE 1-Straight Path settles U.S. license investigation, shares jump | |
January 13, 2017 SAN FRANCISCO, Jan 12- Straight Path Communications Inc said on Thursday it would pay $15 million to settle a federal probe into claims that the wireless spectrum owner had submitted false data to renew airwave licenses, sparking a 34 percent rally in its stock. As part of the settlement, Straight Path will pay $15 million to the U.S. Federal Communications... Source: http://www.cnbc.com/2017/01/12/reuters-america-update-1-straight-path-settles-us-license-investigation-shares-jump.html |