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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…

Ontario Teachers’ Pension Plan Securities Litigation

A securities lawsuit alleged that CSC made fraudulent statements about its performance under CSC’s $5.4 billion contract with the U.K. National Health Services (NHS) and about its financial results in fiscal year 2010 in connection with the company’s operations in Europe’s Nordic region. The lawsuit was filed on behalf of all persons that purchased or acquired CSC common stock from August 5, 2008 through August 9, 2011. In May 2013, it was announced that the parties settled the lawsuit for $97.5 million.

Misconduct Type
Securities
Enforcement Agency
Non-Governmental
Contracting Party
None
Court Type
Civil
Disposition
Settlement
Date of Complaint
9/26/2011
Contractors Involved Penalty
Total
Computer Sciences Corporation $97,500,000
Further Information Released
Law Firm Press Release 5/18/2013
Complaint 10/19/2011

Federal Contractor Misconduct Database