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3 Mar 2024, 5:41 am by David Liebrader
  These developments are not surprising given the excessive leverage and high costs associated with these programs. [read post]
29 Feb 2024, 2:29 pm by Keith Szeliga and Emily Theriault
Sixth, the Compensation Cost Principle requires “special consideration” of compensation costs for certain individuals.[25] Such individuals include owners of closely held corporations, members of limited liability companies, partners, sole proprietors, or members of their immediate families, and persons who are contractually committed to acquire a substantial financial interest in the contractor’s business.[26] Compensation for those individuals must be reasonable for the personal… [read post]
29 Feb 2024, 2:13 pm by Katie Calogero
In this case, the Navy awarded a task order, containing cost-reimbursable CLINs, to Green Expert Technology Inc. [read post]
28 Feb 2024, 6:51 am by jeffreynewmanadmin
Pereira, the former CEO and co-founder of Alfi, Inc., a/k/a Uptix-12 with making materially false and misleading statements on social media about the company’s financial and performance metrics in an attempt to boost the now defunct company’s stock price. [read post]
25 Feb 2024, 2:02 pm by Eugene Volokh
Avianca, Inc., Judge Castel sanctioned lawyers who "abandoned their responsibilities when they submitted non-existent judicial opinions with fake quotes and citations created by the artificial intelligence tool ChatGPT. [read post]
25 Feb 2024, 11:20 am by Peter S. Lubin and Patrick Austermuehle
Louvers International, Inc., courts have found that depriving a minority shareholder of his rightful pro rata distributions through excessive compensation can constitute a breach of fiduciary duty. [read post]
13 Feb 2024, 11:53 am by Phil Dixon
The officer-defendant turned over information on one previous allegation of excessive force, but nothing relating to any lawsuits. [read post]
12 Feb 2024, 6:07 am by Kevin LaCroix
  In the retirement plan excess fee cases, the damage models are mostly about purported excess payments to TIAA, Fidelity, and other service providers. [read post]
2 Feb 2024, 1:39 pm by Matthew Ackerman
  According to several right-of-way agents, the state rule results in excess compensation. [read post]