Question: On 1 / 1 / 2 0 2 5 , the following announcement was made: Early today the Justice Department reached a decision in the
On the following announcement was made: Early today the Justice Department reached a decision in the Acme Brick Inc. case. The former chief executive officer of Acme Brick, Doug Stevens, has been found guilty of discriminatory practices in hiring. As a result, for the next five years, Acme must pay $ million each year to a fund representing victims of Acme policies. Mr Stevens was fired and was replaced with Marcus Lemonis. Analysts universally applauded Acmes hiring of Lemonis. True or False. Investors should not buy shares of Acme Brick common stock today on March because the litigation settlement reached with the Justice Department last year will cause an abnormally low rate of return over the next five years.
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