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News/Compliance & Enforcement/US Settles Lawsuit Alleging Contractor Falsely Overcharged the Navy for Ship Husbanding Services
News·Compliance & Enforcement Brief

US Settles Lawsuit Alleging Contractor Falsely Overcharged the Navy for Ship Husbanding Services

Inchcape Shipping Services Holdings Limited and certain of its subsidiaries have agreed to pay $20,000,000 to resolve allegations that they violated the False Claims Act by knowingly overbilling the Navy under contracts for ship husbanding services. According to the qui tam lawsuit filed by three former Inchcape employees, from 2005 to 2014, Inchcape knowingly submitted invoices that overstated the quantity of goods and services provided, billed at rates in excess of applicable contract rates, and double-billed for some goods and services.

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