[Block Reaches Agreement in Principle with US Department of Justice Regarding Anti-Money Laundering Investigation, Expected to Pay $764 Million] According to a filing with the US Securities and Exchange Commission, disclosed by Block on November 4th, the company reached an agreement in principle with the US Department of Justice in October regarding an anti-money laundering investigation, intending to resolve the matter through a deferred prosecution agreement. Under the proposed arrangement, the Department of Justice will deferred prosecution for three years on charges that the company failed to maintain an effective anti-money laundering program in accordance with the Bank Secrecy Act; if the company fulfills its obligations under the agreement, the Department of Justice will apply for the permanent dismissal of the charges. The agreement is expected to involve a total amount of approximately $964 million, with approximately $764 million payable after deducting previous regulatory settlement payments. Block stated that the arrangement still requires a final agreement from all parties and court approval; as of September 30th, the company had already set aside $764 million for this purpose.