Booz Allen's Sanctions Bid In USAID Suit Is 'A Drain,' FMI Says

Law360, New York (September 26, 2013, 1:52 PM EDT) -- Financial Markets International Inc. on Wednesday pushed back against Booz Allen Hamilton Inc.’s bid for discovery sanctions in a suit FMI brought over a U.S. Agency for International Development subcontract, calling it “an unwarranted drain” upon the resources of the court and FMI.

FMI alleges in its suit that Booz Allen, the primary contractor on a USAID contract for the Ukraine financial sector rehabilitation program, cheated it out of 35 to 40 percent of the total contract labor value, called level of effort, and did not...
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