Conflict of Interest by Government Official
Client Alert | less than 1 min read | 11.23.15
In Satellite Tracking of People, LLC (Nov. 6, 2015), GAO sustained what it called a first-of-kind protest concerning a government program manager who had been recently employed by one of the competitors in the procurement. Because the CO had stated in writing prior to proposal submission that the program manager should recuse herself, yet never followed through to enforce the recusal, GAO concluded that a known conflict of interest concern had been left unresolved and, therefore, prejudice to the protester arising from this conflict must be presumed.
Insights
Client Alert | 2 min read | 11.14.24
SEC ESG Enforcement Is Still Alive
On November 8, 2024 the SEC announced a settled enforcement action against Invesco Advisers, Inc. for making misleading statements about its integration of environmental, social, and governance (ESG) factors into the firm’s investment decisions. Invesco agreed to pay a $17.5 million civil penalty to settle the matter. This enforcement action makes it clear that, even though the SEC dissolved its ESG Task Force, the Commission continues to monitor firms’ statements and representations for misleading statements about ESG.
Client Alert | 8 min read | 11.12.24
Client Alert | 3 min read | 11.11.24
Allegations of a Litany of Lyin’: Penn State Settles Claims of Cybersecurity Noncompliance
Client Alert | 1 min read | 11.08.24
A Common-Sense Change to the Continuous SAM Registration Requirement at FAR 52.204 7
