Booz Allen Hamilton (BAH) Comments After FBI Arrests One Employee

October 5, 2016 2:02 PM EDT

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Booz Allen Hamilton (NYSE: BAH) disclosed in an SEC filing:

Today, October 5, 2016, Booz Allen Hamilton Holding Corporation ("Booz Allen") issued the following statement concerning the arrest by the FBI of one of Booz Allen’s employees:

"When Booz Allen learned of the arrest of one of its employees by the FBI, we immediately reached out to the authorities to offer our total cooperation in their investigation, and we fired the employee. We continue to cooperate fully with the government on its investigation into this serious matter. There have been no material changes to our client engagements as a result of this matter. Booz Allen is a 102-year-old company, and the alleged conduct does not reflect our core values. Thousands of our employees support critical client missions with dedication and excellence each day. Their professionalism, values and ethics are what define our firm."

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