Johnson Controls and two subsidiaries to pay $5 million over federal fraud allegations
Johnson Controls, Inc., a Milwaukee-based heating, ventilation and air conditioning supplier, and two subsidiaries have agreed to pay $5 million to resolve federal fraud allegations. The matter concerns claims under the False Claims Act. According to the source, the companies were accused of failing to comply with cybersecurity requirements in their federal contracts and subcontracts for building products and services. No additional details are given on the specific contracts, agencies, or alleged security failures. The source states only that the parties reached a $5 million settlement. It does not report any criminal charges, admissions of liability, arrests, or operational impact... [Continue Reading]
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