On July 8, 2025, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a settlement with Harman International Industries, Inc. (“Harman”) for $1,454,145 to settle potential civil liabilities stemming from eleven apparent violations of the Iranian Sanctions Program. Harman, a Connecticut-based audio electronics company, ultimately shipped its products to Iran […] The post OFAC Fines Harman International $1.4 Million for Iran Sanctions ...
