Honeywell to pay $3.4M for alleged bulletproof vest false claims
By 
Adrianne Appel2022-10-27T20:22:00
Multinational conglomerate Honeywell International agreed to pay $3.35 million to settle allegations it sold defective material for bulletproof vests used by local, state, and tribal police departments, the Department of Justice (DOJ) announced Wednesday.
Between 2000-05, Honeywell sold a material it called “Z Shield” to bulletproof vest manufacturer Armor Holdings. The material was made from Zylon fiber manufactured by Japanese company Toyobo, according to the settlement agreement.
Z Shield deteriorated rapidly in heat and humidity, making it less protective against bullets—a problem Honeywell knew about, the DOJ alleged. The company violated the False Claims Act by selling the inferior material for the vests, which compromised the safety of law enforcement officers, the agency stated.
Related articles
-
News BriefGCI to pay $40.2M to settle False Claims Act case
Alaska-based telecommunications provider GCI Communications Corp. agreed to pay more than $40.2 million as part of a settlement agreement with the Department of Justice for alleged violations of the False Claims Act.
-
News BriefL3 Technologies to pay $21.8M over false claims to DOD
Utah-based military equipment manufacturer L3 Technologies agreed to pay $21.8 million to settle false claim charges levied by the Department of Justice regarding double-billing the Department of Defense for certain parts.
-
ArticleHoneywell to pay $203M over bribery claims in Brazil, Algeria
Honeywell International agreed to pay $202.7 million to settle charges it paid bribes to obtain contracts with government entities in Brazil and Algeria in violation of the Foreign Corrupt Practices Act.
More from Regulatory Enforcement
-
ArticleDOJ dismisses indictment against Cassava advisor amid legal flaws
The DOJ dropped a June 2024 indictment against a Cassava Sciences advisor, closing a case tied to an alleged short-selling scheme and related government probes. The case was criticized for fundamental flaws in evidence and legal procedures.
-
ArticleFormer Capula CCO alleges misconduct and retaliation at the hedge fund firm
The former U.S. chief compliance officer of hedge fund firm Capula Investment Management has blown the whistle against his former employer, alleging he was terminated for raising concerns about improper expensing practices.
-
ArticleFINRA fines First Trust $10M for allegedly giving too-generous gifts to brokers
First Trust Portfolios has been fined $10 million by FINRA for allegedly providing excessive meals, gifts, and other incentives to broker-dealers.