KKR to Pay $250 Million to Settle DoJ Lawsuit
UKPulse Money Desk
Private equity firm KKR will pay $250 million to settle a lawsuit brought by the US Department of Justice (DoJ). The firm stated it strongly disagrees with the US claims.
- KKR will pay $250 million to settle a DoJ lawsuit.
- The private equity firm disputes the US claims regarding buyout filings.
- KKR maintains it acted in good faith.
Private equity firm KKR is set to pay $250 million to resolve a lawsuit filed by the US Department of Justice. This settlement amount is described as a record payment.
KKR has stated its strong disagreement with the US claims concerning buyout filings, asserting that it "acted in good faith" throughout the process.