PITTSBURGH--(BUSINESS WIRE)--In response to recent news about former officers, directors and owners of Ibis Tek LLC formally submitting guilty pleas to fraud charges, the new owners and leadership team of Ibis Tek, Inc. confirm the company’s good standing.
As part of a Department of Justice (DoJ) settlement regarding fraud charges related to former company officers and activities dating back to 2009, Ibis Tek was sold to its new ownership team in early 2017. None of the individuals involved in this week’s legal proceedings have been associated with the company since January 1, 2017, when new leadership was installed.
The DoJ and Department of Defense (DoD) have since cleared the company to be held harmless and continue to do business with the DoD and other government entities.
“The former owners have been held accountable for their past actions, and the new owners and management team remain focused on leading this new, best-in-class business into the future,” said Vince Nardy, CEO of Ibis Tek, Inc.
Ibis Tek is a manufacturer and leading provider of highly engineered transparent armor, armor kits, engineered lighting solutions and vehicle accessories for military, Department of Energy and other select government security vehicles and accessories. For more information, visit www.ibistek.com.