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Federal Contractor Misconduct Database (FCMD)

The federal government routinely awards contracts to companies with histories of misconduct, including contract fraud and other violations. POGO believes that providing this website will help to improve contracting decisions and increase public knowledge of how the government spends billions of taxpayer dollars each year. Read more…

Shareholder Lawsuit (Reporting of Business Aircraft Sales)

A class action lawsuit filed on behalf of Textron shareholders alleges that, between July 2007 and January 2009, the company misrepresented or failed to disclose certain critical financial information pertaining to its sale of business jets, in violation of the Securities Exchange Act of 1934.

Misconduct Type
Securities
Enforcement Agency
Non-Governmental
Contracting Party
None
Court Type
Civil
Disposition
Pending
Date of Filing
8/12/2009
Contractors Involved Penalty
Total
Textron, Inc. $0
Further Information Released
Complaint 10/28/2009
Law Firm Press Release 10/28/2009

Federal Contractor Misconduct Database