GE-Hitachi Fined For Security Violations At Nuke Facility

Law360, New York (October 21, 2011, 5:49 PM EDT) -- The U.S. Nuclear Regulatory Commission has fined GE-Hitachi Nuclear Energy $45,000 for security violations at a North Carolina facility that is testing the use of lasers to enrich uranium, according to documents obtained by Law360 on Friday.

GE-Hitachi's Global Laser Enrichment unit uncovered the security plan violations — which related to a contractor's employee and not the company itself — and paid the fine earlier this month, the company said Friday.

“Uncovering these violations is a clear indication of the rigorous processes we have in place,”...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.