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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
06/29/201616:24:33Statement of Changes in Beneficial Ownership (4)
06/29/201616:24:33Statement of Changes in Beneficial Ownership (4)
06/29/201616:24:33Statement of Changes in Beneficial Ownership (4)
06/29/201616:24:00Statement of Changes in Beneficial Ownership (4)
06/29/201616:23:37Statement of Changes in Beneficial Ownership (4)
06/29/201616:23:08Statement of Changes in Beneficial Ownership (4)
06/29/201612:57:00Accenture Named as Leader in Industry Cloud Professional Services...
06/29/201609:47:00Accenture Interactive Launches Its First Content Studio to Deliver...
06/29/201608:57:00Nearly One-Half of North American Consumers Want Robo-Advice...
06/29/201608:27:00Accenture Selected to Help Stryker Improve Operating Efficiencies
06/28/201614:47:00Small Minority of Industry Leaders Achieve Both Digital and Financial...
06/27/201608:03:00Accenture Achieves Lead Position in Innovation Category of HfS...
06/27/201607:59:00New Report Finds Insider Corporate Data Theft and Malware Infections...
06/27/201607:57:00Accenture Introduces a High Velocity Customer Experience Solution...
06/24/201607:57:00Accenture Positioned as Overall Leader & Star Performer in Everest...
06/24/201605:15:00Accenture to Expand Digital Transformation Capabilities for Retail...
06/24/201600:01:00Accenture Launches New Customer Experience Support Service for...
06/23/201616:21:23Quarterly Report (10-q)
06/23/201609:27:00New York Tops Silicon Valley in Fintech Venture Financing for...
06/23/201609:10:00Accenture Raises Outlook

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