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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…

General Motors Securities Litigation

A securities class-action lawsuit alleged that General Motors, aided by its outside auditor, Deloitte, filed misleading financial statements between 2002 and 2006 that covered up earnings shortfalls through accounting manipulations. Under the terms of a settlement, Deloitte agreed to pay $26 million, while GM agreed to pay $277 million.

Misconduct Type
Securities
Enforcement Agency
Non-Governmental
Contracting Party
None
Court Type
Civil
Disposition
Settlement
Date of Settlement
7/21/2008
Contractors Involved Penalty
Total
Deloitte LLP $26,000,000
Further Information Released
Law Firm Press Release 5/7/2011
Notice of Proposed Settlement 5/7/2011

Federal Contractor Misconduct Database