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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…
2005 Securities Fraud Class Action
In 2005, various complaints were filed in the federal court for the Eastern District of Virginia, alleging that BearingPoint and certain of its current and former officers and directors violated the Securities and Exchange Act of 1934 by, among other things, making materially misleading statements about its financial condition in SEC filings and press releases between August 14, 2003 and April 20, 2005. The case settled during bankruptcy proceedings in 2009-2010.
- Misconduct Type
- Securities
- Enforcement Agency
- Non-Governmental
- Contracting Party
- None
- Court Type
- Civil
- Disposition
- Settlement
- Date of Final Settlement
- 9/10/2010
