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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…
Violations of Federal Securities Laws
“The Securities and Exchange Commission announced… that it has instituted settled enforcement proceedings against General Electric Company. The Commission charged that GE failed to fully describe the substantial benefits it had agreed to provide its former chairman and CEO John F. ‘Jack’ Welch, Jr., under an ‘employment and post-retirement consulting agreement.’ GE settled the proceedings by consenting to the entry of an Order that it cease and desist from violating the proxy solicitation and periodic reporting provisions of the federal securities laws.”
- Misconduct Type
- Securities
- Enforcement Agency
- SEC
- Contracting Party
- None
- Court Type
- Administrative
- Disposition
- Administrative Agreement
- Date of Agreement
- 9/23/2004