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BRIEF-Globalscape provides update concerning internal investigation and declares quarterly dividend
November 15, 2017 / 9:28 PM / a month ago

BRIEF-Globalscape provides update concerning internal investigation and declares quarterly dividend

Nov 15 (Reuters) - Globalscape Inc

* Globalscape Inc. provides update concerning internal investigation and declares quarterly dividend

* Globalscape Inc - ‍announced update to co’s previous announcement that audit committee of board has been conducting an internal investigation​

* Globalscape - ‍net income for each of three months ended June 30, 2017 and September 30, 2017 is expected to be lower than comparable periods in 2016​

* Globalscape -‍as previously reported,internal investigation pertains to certain transactions in q4 2016 involving improper arrangements with customers​

* Globalscape Inc - believes conduct leading to improper arrangements with customers was limited to individuals no longer with company​

* Globalscape - ‍board has established a special litigation committee to analyze and investigate claims against co​ Source text for Eikon: Further company coverage:

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