ACCOUNTING FRAUDS ON MULTIPLE MILITARY PROGRAMS

One of our attorneys led the representation of Richard Bagley, a former chief financial officer for TRW’s Redondo Beach unit, in a False Claims Act case against Northrop Grumman Corp. and TRW for overcharging the Department of Defense on various military programs. Mr. Bagley alleged that Northrop and TRW shifted costs from private contract work to government contracts, engaged in unlawful accounting methods, and manipulated their financial data to collect millions of dollars in excess payments. The government recovered $111 million, and Mr. Bagley received a whistleblower reward of $27 million. See NY Times and LA Times for more.