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The government awards contracts to companies with histories of misconduct such as contract fraud and environmental, ethics, and labor violations. In the absence of a centralized federal database listing instances of misconduct, the Project On Government Oversight (POGO) is providing such data. We believe that it will lead to improved contracting decisions and public access to information about how the government spends hundreds of billions of taxpayer money each year on goods and services. Report an instance of misconduct »

Dell, Inc.

SEC v. DeVore (Insider Trading)

Date: 02/03/2011 (Date of Charges)

Misconduct Type: Securities

Enforcement Agency: SEC

Contracting Party: None

Court Type: Civil

Amount: $0

Disposition: Pending

Synopsis: The U.S. Securities and Exchange Commission (SEC) filed civil insider trading charges against six former consultants and employees of California expert network firm Primary Global Research (PGR). Daniel DeVore, a former global supply manager for Dell who worked as a consultant for PGR, was among those charged with leaking confidential information about their firms in order to generate nearly $6 million in illicit trading profits. The SEC alleges DeVore regularly provided PGR and PGR clients with confidential information about Dell’s internal sales forecasts as well as information about the pricing and volume of Dell’s purchases from its suppliers, for which he earned approximately $145,000. See related Dell instance, “U.S. v. DeVore (Insider Trading)”.