March 9, 2009

UNITED TECH: $15M Fine over KFTC’s Pricing Probe Paid in Nov.

COMPANIES: United Technologies Corp
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United Technologies Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that in November 2008, Otis Korea paid in full a KRW17.3 billion (approximately US$15 million) fine assessed by the Korean…

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TOPICS: Earnings | Legal Issues, Litigation | Loans & Financing | Machinery/Misc Manufacturing | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: Connecticut | Korea, North and South | United States