Louis Berger Group Finishes Two-Year Compliance Overhaul

摘要

Louis Berger Group completed a costly, condensed two-year program during which it upgraded its compliance and audit systems and functioned under a monitor's supervision as part of a 2010 settlement with federal prosecutors regarding fraud and overbilling charges on cost-plus federal work over a six-year period. Known as a deferred prosecution agreement, the program's completion marked the end of a painful period for the company that included an initial $69-million settlement with the U.S. attorney in Newark, N.J.