Jacobs Settles Lawsuit.Jacobs Engineering Group Jacobs Engineering Group Inc. (NYSE: JEC), a publicly traded company with annual revenues approaching $7 billion, provides professional technical services. Headquartered in Pasadena, CA, Jacobs offers support to industrial, commercial, and government clients across multiple Inc. will pay $35 million to settle a lawsuit that claimed the Pasadena firm improperly billed the U.S. government on contracts involving mostly environmental cleanup, the U.S. attorney said. The suit claimed Jacobs made unallowable charges on cost reimbursement contracts with the military, Energy Department, Environmental Protection Agency Environmental Protection Agency (EPA), independent agency of the U.S. government, with headquarters in Washington, D.C. It was established in 1970 to reduce and control air and water pollution, noise pollution, and radiation and to ensure the safe handling and and NASA NASA: see National Aeronautics and Space Administration. NASA in full National Aeronautics and Space Administration Independent U.S. . Although it settled, Jacobs denies the allegations. The action was filed under seal in 1997 as a "whistle-blower whis·tle·blow·er or whis·tle-blow·er or whistle blower n. One who reveals wrongdoing within an organization to the public or to those in positions of authority: "The Pentagon's most famous whistleblower is . . " suit by former Jacobs worker Edwin Bond. The U.S. Attorney's Office later joined the suit. |
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