August 21st, 2010
07:33 PM ET

U.S., Blackwater reach settlement over export violations

Xe, the private security firm once known as Blackwater, has reached a $42 million settlement with the U.S. State Department over alleged export violations, a State Department official said.

Darby Holladay, a State Department duty officer, said the civil settlement was reached Wednesday for 288 violations between 2003 and 2009, when the company personnel were guarding U.S. staff overseas.


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