LONDON -- The security company that employed the Orlando nightclub shooter saw its shares dive on Monday amid concerns that the connection might further damage its reputation, which has been tainted in recent years by blunders and scandals.
Shares in G4S, which is the world's largest security company, fell 5 percent in London to close at 178.14 pence after it acknowledged that Omar Mateen, who killed 49 people and wounded more than 50 in a shooting spree, worked for the firm at a residential community in south Florida.
The company said Mateen had been subject to a detailed screening and checks by U.S. law enforcement, which reported no findings to G4S.
G4S first screened Mateen when he was hired in 2007 and then again in 2013 as part of an annual re-screening of a percentage of employees.
The screenings included a psychometric test, a drug test, a 7-year criminal history, employment and education check, credit report, social security and driver's license check and a physical fitness test.
He received a firearms license issued by the state of Florida and a security officers' license when he was hired in 2007.
The company said in a statement Monday that it is "providing its full support to all law enforcement authorities in the USA as they conduct their investigations."
This is not the first time that G4S catches the public's attention. It came under fire in 2013, when it and a competitor were found to have overbilled the U.K. government for the electronic tagging of criminals. The scandal cost G4S 116 million pounds (currently $165 million) in settlement charges and 45 million pounds in lost profits.
During the 2012 London Olympics, G4S was criticized heavily for failing to provide the promised number of security guards to protect the games. The British military had to be called in to fill the gap.
In 2011, G4S staff attached an electronic monitoring tag to the false leg of a criminal, who was able to simply remove the prosthetic — and the tag — during his court-ordered curfew.
G4S, which is active in some 100 countries and has 610,000 employees, has about a fifth of its business in the U.S., making it its single largest market. It had annual revenue in 2015 of 6.4 billion pounds and a profit of 227 million pounds, excluding the businesses it trying to sell or close.
Other than providing security guards, G4S installs and monitors alarm systems, handles electronic monitoring of criminals and runs prisons and related services.
Danica Kirka and Paisley Dodds contributed to this report.