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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…

Will v. General Dynamics (401(k) Fiduciary Lawsuit)

General Dynamics and its 401(k) plan sponsor settled an ERISA (Employee Retirement Income Security Act of 1974) class action lawsuit filed by current and former employee participants in two General Dynamics 401(k) plans. The lawsuit alleged that participants were charged excessive fees. Under the settlement, a $15 million settlement fund will be created.

Misconduct Type
Labor
Enforcement Agency
Non-Governmental
Contracting Party
None
Court Type
Civil
Disposition
Settlement
Date of Settlement Announcement
8/5/2010
Contractors Involved Penalty
Total
General Dynamics $15,150,000
Further Information Released
General Dynamics Press Release 8/20/2010

Federal Contractor Misconduct Database