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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…
Beazer Homes Securities Litigation
Deloitte & Touche agreed to pay investors of Beazer Homes USA $950,000 to settle claims that Deloitte, Beazer’s outside auditor, should have noticed the homebuilder was issuing inaccurate financial statements during the housing market decline in 2005-2006. Deloitte, Beazer, and former Beazer executives settled the securities fraud class-action lawsuit for a total of $30.5 million.
- Misconduct Type
- Securities
- Enforcement Agency
- Non-Governmental
- Contracting Party
- None
- Court Type
- Civil
- Disposition
- Settlement
- Date of Amended Complaint
- 6/27/2008
