Epsilon Can't Escape $4M Fine For Violating Iran Sanctions

Law360, Los Angeles (March 7, 2016, 9:19 PM EST) -- A D.C. federal judge ruled Monday that Epsilon Electronics Inc. must pay a $4.07 million fine imposed by the U.S. Department of the Treasury for selling goods to a company that resold its car and audio equipment to Iran.

Granting a motion for summary judgment by the Treasury Department's Office of Foreign Assets Control, U.S. District Judge Reggie B. Walton found enough evidence that Epsilon knew Asra International distributed car and audio equipment in Iran when Epsilon was sending its shipments to Asra.

Epsilon had argued...
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Case Title

EPSILON ELECTRONICS, INC. v. UNITED STATES DEPARTMENT OF THE TREASURY, OFFICE OF FOREIGN ASSETS CONTROL et al


Case Number

1:14-cv-02220

Court

District Of Columbia

Nature of Suit

Administrative Procedure Act/Review or Appeal of Agency Decision

Judge

Reggie B. Walton

Date Filed

December 31, 2014

Government Agencies

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