- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-09-29T14:41:00
Aerospace giant Boeing agreed to pay $8.1 million as part of a settlement with the Department of Justice (DOJ) addressing allegations it submitted false claims regarding military aircraft contracts it had with the Navy.
The case was brought under the qui tam provisions of the False Claims Act, with the three whistleblowers that came forward receiving a total of more than $1.5 million, the DOJ announced in a press release Thursday.
Of the settlement total, approximately $1.9 million is restitution and about $1.1 million will cover attorneys’ fees, according to the settlement agreement.
2024-11-13T18:21:00Z By Aaron Nicodemus
Paragon Systems, a Virginia-based security contractor, and a subsidiary will pay nearly $54 million to resolve allegations that its corporate executives–including its compliance manager–conspired to win Department of Homeland Security contracts by creating fraudulent small business front companies.
2024-01-22T16:00:00Z By Kyle Brasseur
Hilcorp San Juan agreed to pay $34.6 million as part of a settlement with the Department of Justice addressing allegations of False Claims Act violations regarding underpaid royalties on oil and natural gas produced from federal lands.
2023-11-07T22:00:00Z By Kyle Brasseur
GE Aerospace, an operating division of General Electric, agreed to pay more than $9.4 million as part of a settlement with the Department of Justice addressing allegations the company sold parts to the U.S. military without proper inspections or specifications.
2025-06-12T15:51:00Z By Neil Hodge
Europe’s pioneering data protection legislation turned seven years old in May, but the compliance and enforcement difficulties that have dogged the rules since they came into force look set to present both companies and data regulators with fresh headaches for some time to come.
2025-06-11T15:12:00Z By Adrianne Appel
The Department of Justice has charged the founder of cryptocurrency company Evita with 22 violations for allegedly laundering more than $500 million through U.S. banks and cryptocurrency exchanges, on behalf of sanctioned Russian entities.
2025-06-07T01:41:00Z By Oscar Gonzalez
The Securities and Exchange Commission Chair Paul Atkins explained his agency’s shift on cryptocurrency regulation to a Senate committee as legislators bargain over President Donald Trump’s “One Big Beautiful Bill” and the GENIUS Act, which would have the federal government invest heavily in cryptocurrency.
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