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Accenture To Pay $63.7 Million Over Charges Of Kickbacks, False Claims

By Brent Kendall Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Accenture PLC (ACN) has agreed to pay $63.7 million to settle allegations that it received kickbacks in exchange for recommending that federal government agencies purchase certain technology products, the Justice Department announced Monday. The department said Accenture, a computer outsourcing and consulting firm, caused false claims to be submitted under "numerous" information-technology contracts with U.S. government agencies. The agreement is the latest in a series of settlements involving false claims under government technology contracts. Hewlett-Packard Co. (HPQ) and data storage equipment maker EMC Corp. (EMC) are among those who have settled allegations that they paid kickbacks to consulting companies in return for recommendations that federal government agencies purchase their products. -By Brent Kendall, Dow Jones Newswires; 202-862-9222; brent.kendall@dowjones.com

Stock News for Accenture (ACN)
DateTimeHeadline
05/26/201614:00:00Accenture Completes Acquisition of OPS Rules, Enhances Its Machine...
05/26/201611:02:00Accenture Donates CAD$100,000 Cash Plus Significant Consulting...
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05/25/201608:27:00New Research from Accenture Reveals Gap in Pharma R&D’s Journey t...
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05/23/201606:57:00Wisconsin’s New Enterprise Resource Planning System in Final I...
05/19/201610:22:00Accenture Collaborates with Salesforce to Extend Capabilities...
05/19/201610:00:00GE Healthcare and Accenture Target $2 Billion in Lost Revenue...
05/19/201603:57:00Accenture and Opera Romana Pellegrinaggi Launch Official Extraordinary...
05/18/201620:57:00Accenture Helps Towngas Transform Its Engineering Project Management...
05/18/201615:27:00Accenture Named a Working Mother 2016 Best Company for Multicultural...
05/18/201608:33:00Accenture Recognized as a Leader in Worldwide Sap® Implementation...
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05/16/201618:35:21Statement of Changes in Beneficial Ownership (4)
05/16/201618:35:21Statement of Changes in Beneficial Ownership (4)
05/16/201618:35:21Statement of Changes in Beneficial Ownership (4)
05/16/201618:35:21Statement of Changes in Beneficial Ownership (4)
05/16/201618:35:21Statement of Changes in Beneficial Ownership (4)
05/16/201618:34:57Statement of Changes in Beneficial Ownership (4)
05/16/201618:34:57Statement of Changes in Beneficial Ownership (4)

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