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About POGO's Federal Contractor Misconduct Database (FCMD)
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 »
MacAndrews AMG Holdings
Drapkin v. Mafco Consolidated Group (Breach of Contract)
Date: 01/27/2012 (Date of Verdict)
Misconduct Type: Poor Contract Performance
Enforcement Agency: Non-Governmental
Contracting Party: Non-Governmental
Court Type: Civil
Amount: $16,000,000
Disposition: Judgment Against Defendant
Synopsis: Donald Drapkin, an executive at MacAndrews & Forbes who left the company in 2007, sued the company claiming they violated a separation agreement and owed him millions of dollars in stock sale proceeds. In January 2012, a federal jury found in Drapkin’s favor and awarded him $16 million.
Document(s):
- 1. Complaint
- 2. Final Judgment
