By
Adrianne Appel2024-07-24T17:19:00
Prysmian Cables and Systems USA agreed to pay $920,000 to settle allegations it falsified tests and compliance certifications concerning cable it sold to the U.S. military for use in vehicles, the Department of Justice (DOJ) said.
Prysmian will pay $460,000 in restitution and allow the military and DOJ to further audit its books and records, according to its settlement agreement.
The DOJ acknowledged the company’s cooperation in reaching settlement, including promptly notifying the military as required by the Federal Acquisition Regulation after an internal investigation found alleged malfeasance, according to an agency press release Tuesday.
2024-08-26T14:37:00Z By Aaron Nicodemus
The Department of Justice joined a whistleblower lawsuit filed by two former Georgia Tech compliance officers who alleged that the institute violated the False Claims Act by knowingly failing to meet cybersecurity requirements in a Department of Defense contract.
2024-08-02T15:32:00Z By Adrianne Appel
Laboratory supply company Avantor agreed to pay $5.3 million to settle allegations, first brought by a whistleblower, that it overcharged four federal agencies and failed to comply with chemical regulations, the Department of Justice said.
2024-06-24T17:01:00Z By Jeff Dale
Two subsidiaries of aerospace giant Lockheed Martin agreed to pay $70 million to settle allegations levied by the Department of Justice of overcharging the Navy for aircraft parts.
2025-11-21T21:17:00Z By Oscar Gonzalez
The Consumer Financial Protection Bureau is reportedly transferring its enforcement caseload to the DOJ, one of multiple indicators telegraphing its eminent shutdown.
2025-11-21T18:25:00Z By Adrianne Appel
Two Russian web-hosting services that provide cover for ransomware operators, including Lockbit, have been sanctioned by the U.S. Treasury’s OFAC and international partners.
2025-11-20T18:52:00Z By Oscar Gonzalez
The parent company of a telecom subsidiary in Guatemala agreed to pay $118.2 million to settle allegations of improper payments made to government officials, but the U.S. Department of Justice chose not to impose a compliance monitor to administer the firm’s compliance with the Foriegn Corrupt Practices Act (FCPA).
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