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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…
Sponn v. Emergent BioSolutions (Shareholder Lawsuit)
Emergent BioSolutions shareholders alleged the company violated the Securities and Exchange Act of 1934 by making material misrepresentations and/or omissions to investors regarding the renewal of Emergent’s BioThrax procurement contract with the U.S. government. Emergent settled the lawsuit for $6.5 million.
- Misconduct Type
- Securities
- Enforcement Agency
- Non-Governmental
- Contracting Party
- None
- Court Type
- Civil
- Disposition
- Settlement
- Date of Settlement
- 10/17/2018