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Brief
"On September 30, 2024", the "U.S. Bureau of Industry and Security" issued an update regarding "BIS Imposes Penalty on Quantum Corporation to Resolve Alleged Violations of the Antiboycott Regulations". The Department of Commerce's Bureau of Industry and Security imposed a civil penalty of $151,875 against Quantum Corporation for alleged violations of the antiboycott provisions of the Export Administration Regulations (EAR).
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