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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
Contractors Involved Penalty
Total
Deloitte LLP $950,000
Further Information Released
Complaint 5/7/2011
Settlement 5/7/2011

Federal Contractor Misconduct Database