G4S Shares Drop by $282 Million After Reports Omar Mateen Was an Employee

G4S Shares Drop by $282 Million After Reports Omar Mateen Was an Employee:

World’s largest security firm, which recently announced it was winding down its Israel and west Bank operations, screened the Orlando shooter as recently as 2013 with ‘no findings.’

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News that a G4S employee was the gunman who killed 50 people at a packed gay nightclub in Florida wiped almost $282.80 million off the value of the world’s largest security firm.

Omar Mateen, 29, a Florida resident and U.S. citizen, had undergone company screening as recently as 2013 with “no findings,” his Britain-headquartered employer G4S said on Sunday.

G4S recently announced that it was winding down its operations in Israel and the occupied West Bank. It insisted that the move was due to financial issues and denied that the move was related to its being targeted by anti-Israel campaigners.

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http://www.haaretz.com/world-news/americas/1.724723

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