Treasury Announces First-Ever Penalty Under the Outbound Investment Security Program
Thursday, October 22, 2026 · first reported by Paul Hastings LLP via JD Supra
Treasury imposed a $200,000 penalty on Amidi LLC, parent of Plug and Play Tech Center, for failing to notify it of a $92,478 investment by a Chinese subsidiary in a robotics and AI company.
- Firm
- Amidi LLC
- Geography
- North America
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