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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…
Breach of Contract
In 1995, DIRECTV, then a subsidiary of General Motors, entered into a contract with General Electric Capital Corporation (GECC) “in which GECC agreed to establish and manage a private label consumer credit program for consumer purchases of hardware and related DIRECTV programming… A complaint and counterclaim were filed by the parties in the U.S. District Court for the District of Connecticut concerning GECC’s performance and DIRECTV’s obligation to act as a surety… On July 21, 2000, the jury returned a verdict in favor of GECC and awarded contract damages in the amount of $133.0 million. The trial judge issued a order granting GECC $48.5 million in interest under Connecticut’s offer-of- judgment statute. With this order, the total judgment entered in GECC’s favor was $181.5 million.”
- Misconduct Type
- Non-governmental Contract Fraud
- Enforcement Agency
- Non-Governmental
- Contracting Party
- Non-Governmental
- Court Type
- Civil
- Disposition
- Judgment Against Defendant
- Date of Judgment
- 7/21/2000