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Briefing

Cal Biesecker By
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American Science & Engineering [ASEI] has received a subpoena from the Inspector General of the General Services Administration (GSA) related to an investigation by the GSA and Defense Department of the company’s compliance with the terms and conditions of its contractual arrangements with the GSA. AS&E says in a filing with the Securities and Exchange Commission that it “will incur legal costs in connection with the investigation, and could incur additional costs, damages or penalties, depending on its outcome.” AS&E…

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