CACI International Says U.S. District Court Declared "Mistrial In Al Shimari Action After Jury Was Unable To Reach A Unanimous Decision On Any Of Claims"; District Court Has Not Set A Date For Any Retrial
Portfolio Pulse from Benzinga Newsdesk
CACI International announced that the U.S. District Court declared a mistrial in the Al Shimari case due to the jury's inability to reach a unanimous decision on any claims. No date for a retrial has been set.

May 03, 2024 | 5:27 pm
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The mistrial in the Al Shimari case may lead to uncertainty around CACI International's legal risks and potential financial implications.
The declaration of a mistrial means that CACI International's legal issues remain unresolved, potentially leading to continued uncertainty. This uncertainty could affect investor sentiment in the short term, although the lack of a retrial date and the absence of a decisive verdict mean that the immediate financial impact may be limited. Investors will likely monitor the situation closely for any developments that could affect the company's financial health or reputation.
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