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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…

Cooper v. IBM (Pension Issues)

In July of 2003, IBM and a collection of plaintiffs collectively known as “Cooper” reached a partial settlement concerning pension issues. The remainder of the decision was made in Illinois District court, which decided that several aspects of IBM’s pension plan violated the Employees Retirement Income Security Act by discriminating against older employees. The settlement is originally set at $320 million, however, a pending appeal could increase the settlement by an additional $1.4 billion.

Misconduct Type
Labor
Enforcement Agency
Non-Governmental
Contracting Party
Non-Governmental
Court Type
Civil
Disposition
Settlement
Date of Settlement
9/29/2004
Contractors Involved Penalty
Total
IBM Corporation $320,000,000
Further Information Released
Alliance IBM FAQ 8/19/2006
IBM Press release 8/19/2006

Federal Contractor Misconduct Database