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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
12/08/201609:57:00Eight Startup Semifinalists Selected for the Accenture HealthTech...
12/07/201607:57:00Accenture Named Overall Leader and Star Performer in Everest...
12/06/201616:24:47Statement of Changes in Beneficial Ownership (4)
12/06/201616:24:47Statement of Changes in Beneficial Ownership (4)
12/06/201616:24:47Statement of Changes in Beneficial Ownership (4)
12/06/201616:24:47Statement of Changes in Beneficial Ownership (4)
12/06/201616:23:00Statement of Changes in Beneficial Ownership (4)
12/06/201616:23:00Statement of Changes in Beneficial Ownership (4)
12/06/201616:23:00Statement of Changes in Beneficial Ownership (4)
12/06/201608:17:00Accenture collabore avec Code.org dans le cadre de l’initiative «...
12/06/201607:57:00Accenture’s Life Insurance & Annuity Platform Receives Highest P...
12/06/201607:03:00Accenture to Host Conference Call Wednesday, Dec. 21, to Discuss First-Quarter...
12/06/201606:29:00Supermarket of the Future Opens Its Doors, Coop Italia and Accenture...
12/05/201616:19:45Statement of Changes in Beneficial Ownership (4)
12/05/201616:19:21Statement of Changes in Beneficial Ownership (4)
12/05/201616:19:21Statement of Changes in Beneficial Ownership (4)
12/05/201608:01:00Accenture Teams with Code.org Through 'Hour of Code' to Inspire...
12/05/201607:57:00Cybersecurity Industry Heavyweight Justin Harvey Joins Accenture...
12/05/201604:00:00Accenture Teams with Code.org Through 'Hour of Code' to Inspire...
12/05/201602:01:00Accenture Teams with Code.org Through ‘Hour of Code’ to Inspire Stu...

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