Advertisement
Canada markets open in 4 hours 33 minutes
  • S&P/TSX

    22,107.08
    +194.56 (+0.89%)
     
  • S&P 500

    5,248.49
    +44.91 (+0.86%)
     
  • DOW

    39,760.08
    +477.75 (+1.22%)
     
  • CAD/USD

    0.7351
    -0.0022 (-0.29%)
     
  • CRUDE OIL

    81.71
    +0.36 (+0.44%)
     
  • Bitcoin CAD

    96,093.40
    +1,405.77 (+1.48%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,216.50
    +3.80 (+0.17%)
     
  • RUSSELL 2000

    2,114.35
    +44.19 (+2.13%)
     
  • 10-Yr Bond

    4.1960
    0.0000 (0.00%)
     
  • NASDAQ futures

    18,490.25
    -13.50 (-0.07%)
     
  • VOLATILITY

    12.96
    +0.18 (+1.41%)
     
  • FTSE

    7,957.32
    +25.34 (+0.32%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • CAD/EUR

    0.6809
    +0.0004 (+0.06%)
     

Deloitte agrees to pay $11 million for alleged false claims: U.S. Justice Dept.

The Deloitte Company logo is seen on a commercial tower at Gurgaon, on the outskirts of New Delhi August 9, 2012. REUTERS/Parivartan Sharma (Reuters)

WASHINGTON (Reuters) - Deloitte Consulting LLP has agreed to pay $11.38 million to resolve allegations it submitted false claims under a U.S. government contract, the U.S. Justice Department said on Tuesday. Deloitte, a New York-based consulting company, allegedly failed to comply with a price reductions clause in a contract awarded in 2000 by the General Services Administration for information technology services, the department said in a news release. (Reporting by Eric Beech; Editing by Eric Walsh)