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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
