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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…

Vancouver Alumni Asset Holdings v. Daimler AG (Diesel Emissions Securities Litigation)

A group of shareholders alleged that Daimler programmed the BlueTEC diesel technology in some vehicles made by its Mercedes-Benz unit to perform significantly more cleanly during emissions testing than during regular driving. The shareholders claimed that although the BlueTEC vehicles emit nitrogen oxides at levels many times higher than U.S. law allows, Daimler marketed the cars as “clean diesel,” and that by hiding its alleged emissions testing defeat devices it artificially inflated the price of its stock. Daimler settled the lawsuit for $19 million.

Misconduct Type
Securities
Enforcement Agency
Non-Governmental
Contracting Party
None
Court Type
Civil
Disposition
Settlement
Date of Settlement Agreement
4/20/2020
Contractors Involved Penalty
Total
Daimler AG $19,000,000
Further Information Released
Settlement Agreement 4/20/2020

Federal Contractor Misconduct Database