US reaches settlement with logistics company for sanctions breaches

13 October 2026

US reaches settlement with logistics company for sanctions breachesEngineer studio/Shutterstock.com

The Office of Foreign Assets Control has reached a settlement agreement with US company Pegasus Worldwide Logistics. Pegasus has agreed to pay $175,015 to settle its potential civil liability for breaching the US counternarcotics...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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