Federal Contractor Misconduct Database (FCMD)
Bajjuri et al. v. Raytheon Technologies (Misleading Shareholders about Financial Reporting Practices)
A lawsuit accuses Raytheon and its top executives of misleading shareholders about the accounting and financial reporting practices of its missiles and defense business. The lawsuit alleges Raytheon in its financial reports going back several years falsely touted its disclosure controls and procedures for its Missiles & Defense unit as being effective and in line with an internal control framework.
- Misconduct Type
- Enforcement Agency
- Contracting Party
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- Date of Complaint