Construction Firm Pays $2.5M Over Alleged Small Biz Fraud
Law360 (April 21, 2021, 6:24 PM EDT) -- A California construction firm paid the federal government $2.5 million to resolve allegations that it fraudulently took on contracting work set aside for a service-disabled, veteran-owned small business program, the U.S. Department of Justice said.
The Justice Department and Stronghold Engineering Inc. struck a civil settlement and nonprosecution agreement that requires Stronghold to maintain an ethics and compliance program for two years.
"The claims resolved by the civil settlement are allegations only and there has been no determination of liability," the Justice Department said Tuesday.
Dan Rasmussen, Stronghold's outside general counsel, said in a Wednesday statement to Law360 that the company had...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!