Booz Allen Hamilton has entered into a settlement agreement with the United States in which it agreed to pay $377.4 million to resolve allegations that it submitted false claims and made false statements to the United States in violation of the False Claims Act (FCA). Under government contracting rules, a Read More
The Public Company Accounting Oversight Board (PCAOB) announced new enhancements to its website that allow audit committee members and others to better access and understand data from PCAOB inspection reports. Previously, visitors to the PCAOB website could only search inspection reports by four filters: firm name, country/geography, year when a Read More
Cantor Fitzgerald has agreed to pay a $1.4 million civil penalty to the Securities and Exchange Commission for “repeated failure to identify and report customers as large traders,” and for failing “to make required filings on its own behalf,” the SEC announced in an administrative proceeding. Rule 13h-1(a)(7) defines large Read More
