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Jul 21, 2023 · Booz Allen Hamilton Holding Corporation has agreed to pay the United States $377,453,150 to resolve allegations that it violated the False Claims Act by improperly billing commercial and international costs to its government contracts.
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Booz Allen Hamilton Holding Corporation (informally Booz Allen) is the parent of Booz Allen Hamilton Inc., an American government and military contractor, specializing in intelligence. It is headquartered in McLean, Virginia, in Greater Washington, D.C., with 80 other offices around the globe. The company's stated core business is to provide ...
Aug 26, 2023 · Sarah Feinberg alleged Booz Allen Hamilton billed the U.S. government hundreds of millions of dollars in excess fees, leading to a $377 million settlement.
- David Nakamura
Aug 28, 2023 · Feinberg uncovered what the Justice Department ultimately declared was a civil fraud scheme under which Booz Allen allegedly was overcharging U.S. taxpayers to subsidize its money-losing...
Jan 28, 2022 · What happened. Defense IT specialist Booz Allen Hamilton ( BAH 0.45%) delivered quarterly earnings that came in ahead of expectations, but revenue was light, and 2022 guidance was reduced ...
- Lou Whiteman
Mar 1, 2024 · On July 21, 2023, Booz Allen Hamilton Holding Corporation (Booz Allen) agreed to pay $377.45 million to settle claims that the company billed the government and thus used taxpayer dollars for costs associated with non-government related work.
May 24, 2021 · Booz Allen in 2017 disclosed that it was under criminal and civil investigation by the DOJ in relation to accounting and indirect cost charging practices relating to its government work.
