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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
07/02/201516:17:42Statement of Changes in Beneficial Ownership (4)
07/02/201503:03:00Accenture Extends Procurement Business Process Outsourcing Agreement...
07/02/201501:56:00Accenture Awarded Contract to Deploy New Cloud-based NHSmail...
07/02/201501:00:31Amadeus Buys Into Low-Cost Carriers With Navitaire Deal
07/01/201522:50:43Amadeus Buys Into Low-Cost Carriers With Navitaire Deal
07/01/201520:11:00Amadeus to Acquire Navitaire from Accenture for US$830 Million;...
07/01/201516:08:42Statement of Changes in Beneficial Ownership (4)
07/01/201516:08:42Statement of Changes in Beneficial Ownership (4)
07/01/201516:08:42Statement of Changes in Beneficial Ownership (4)
07/01/201516:08:16Statement of Changes in Beneficial Ownership (4)
07/01/201516:07:50Statement of Changes in Beneficial Ownership (4)
07/01/201516:07:24Statement of Changes in Beneficial Ownership (4)
07/01/201516:07:24Statement of Changes in Beneficial Ownership (4)
06/30/201508:03:00Accenture Positioned as a "Leader" in Inaugural Gartner Magic...
06/29/201504:30:00Accenture Completes Acquisition of Javelin Group, Expands Accenture...
06/25/201516:09:55Quarterly Report (10-q)
06/25/201513:03:00Accenture Recognized with Six Oracle Excellence Awards in Europe
06/25/201509:05:00Fintech Investment in U.S. Nearly Tripled in 2014, According...
06/25/201509:05:00Seven Innovative Startups Present New Financial Technologies...
06/25/201508:40:05Accenture Raises Guidance

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