A Manx-based film company says the US Securities and Exchange Commission has cleared it of any wrongdoing after an investigation.
Eros Media World, registered on north Quay in Douglas, says it was accused of inflating revenues, issuing false and misleading financial statements, and carrying out improper related-party transactions.
Eros, a media company that acquires, produces and distributes films, TV shows and digital content, says an internal investigation found no fault.
And it says the SEC's three investigations have now finished, and the organisation won't be facing any further action.
Special healthcare recruiting event this summer
Date set for flagship maritime industry event
14th Aviation Conference takes place this week
Financial Intelligence Unit releases guide on spotting modern slavery
Total of 70 ships and companies sanctioned over Ukraine war
New stamps celebrate Island supercar culture
New survey to gauge how confident businesses are
Tynwald to consider scrapping some government agencies