The U.S. Commerce Department’s Bureau of Industry and Security on Thursday said Ping Cheng and Prime Technology Corp., both of New York state, agreed to $125,000 fines and two-year denial of export privileges for each to settle allegations that they conspired to violate Export Administration Regulations (EAR). The two-year denial period will be suspended as long as neither commits additional export control violations during the two year period, BIS said. The violations involve att...