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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…
Banc of America Securities LLC v. Evergreen International Aviation (Breach of Contract)
On May 22, 2003 Banc of America Securities LLC filed a lawsuit alleging “claims for breach of contract and quantum meruit, arising out of agreements in which Banc of America agreed to act as [Evergreen International Aviation’s] financial agent in exchange for the payment of certain fees.” A settlement was reached on March 31, 2006, under which Evergreen International Aviation will pay Banc of America Securities $1.1 million.
- Misconduct Type
- Non-governmental Contract Fraud
- Enforcement Agency
- Non-Governmental
- Contracting Party
- Non-Governmental
- Court Type
- Civil
- Disposition
- Settlement
- Date of Settlement Agreement
- 3/31/2006
