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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…

Illegal Restriction of Whistleblowing

Health Net agreed to pay the Securities and Exchange Commission (SEC) a $340,000 civil penalty for using severance agreements that required employees to waive their ability to obtain monetary awards from the SEC’s whistleblower program, in violation of federal securities laws. Health Net consented to the SEC’s order without admitting or denying the findings. The company also agreed to make reasonable efforts to inform former employees who signed severance agreements between August 2011 and October 2015 that Health Net does not prohibit former employees from seeking and obtaining SEC whistleblower awards.

Misconduct Type
Labor
Enforcement Agency
SEC
Contracting Party
None
Court Type
Administrative
Disposition
Fine
Date of Order
8/16/2016
Contractors Involved Penalty
Total
Health Net, Inc. $340,000
Further Information Released
SEC Order 8/16/2016
SEC Press Release 8/16/2016

Federal Contractor Misconduct Database