Ultralife Corporation

$2.7 Million Settlement reached to resolve False Claims Act Allegations against Ultralife Corporation

Settlement Amount: 
$2,700,000

A settlement was reached to resolve False Claims Act allegations against Ultralife Corporation, formerly known as Ultralife Batteries Inc., who is accused of failing to provide current, accurate and complete cost and pricing data related to three contracts with the U.S. Army.

In each of the three contracts at issue, Ultralife was alleged to have knowingly provided government contracting personnel with false certifications concerning the company’s cost and pricing information, which was not current, accurate and complete as required by law. As a result of the defective price disclosures, the Army paid inflated prices for the batteries it purchased.

Sort Amount: 
2700000.00
Company: 
Ultralife Corporation
Subscribe to RSS - Ultralife Corporation
Go to top