Inchcape settles ‘overcharging’ case brought by US government
ISS's owner Istithmar concluded it would be more expensive to clear the company's name through the US courts rather than end the case now so that management can focus on the future
Executive chairman Simon Morse was brought back in early 2017 with a remit to reach a settlement on accusations by the US government that the company had `violated the False Claims Act by knowingly overbilling the US Navy'