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…

U.S. v. Zeringue (Insider Trading)

Former Shaw Group vice president Scott Zeringue pleaded to one count of conspiracy to commit securities fraud. Zeringue admitted to receiving confidential, non-public information about Shaw Group’s impending acquisition by Chicago Bridge and Iron Company (CB&I) in 2012 and passed the information to a family member. As a result of the insider trading, Zeringue and the family member made over $750,000 in profits. Zeringue was ordered to forfeit $18,400. In February 2015, the Securities and Exchange Commission filed a civil injunctive action against Zeringue charging him with insider trading (see Shaw Group instance, “SEC v. Zeringue et al. (Insider Trading)”).

Misconduct Type
Enforcement Agency
Contracting Party
Court Type
Pleaded Guilty
Date of Plea
Contractors Involved Penalty
Shaw Group $18,400
Further Information Released
Forfeiture Order 3/30/2015
DOJ Press Release 6/27/2014
Criminal Information 6/3/2014

See also:

Federal Contractor Misconduct Database