Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2015
Foreign Corrupt Practices Act settlement
FLIR paid $9.5 million to settle allegations concerning a tour arranged for Saudi Arabian officials. The SEC said the conduct influenced sales that generated more than $7 million in profit.
2011
Indigo Systems trade-secrets litigation
Following a trade-secrets claim involving the founders of Indigo Systems, FLIR agreed to pay $39 million to settle a countersuit.
2007
Options-backdating restatement
FLIR announced a restatement of financial statements for 1995–2005 related to stock-options backdating. Investor lawsuits connected with the issue were dismissed later that year.
2002
SEC accounting settlement
FLIR settled with the U.S. Securities and Exchange Commission, while three executives were charged with fraudulent accounting.
2000
Accounting-practice controversy and executive removal
President and CEO J. Kenneth Stringer III was removed by the board after errors in the company’s accounting practices. The company also changed auditors and later faced litigation and regulatory action.