(Credit: Lukassek/Shutterstock.com) Siemens Industry Agrees to $1M Settlement for Misrepresenting Energy Data Prior to Public Housing Renovations
"These misrepresentations also ensured that Siemens was always on the 'right side' of its guarantees (falsely reflecting cost savings) to the HHC, which ensured that Siemens would not be held responsible for failing to deliver the energy savings that it promised when it sought HUD approval," according to the plaintiffs' complaint.
February 05, 2024 at 07:33 PM
3 minute read
Corporate Entities
A multinational company focused on building infrastructure has agreed to pay over $1 million to resolve violations of the False Claims Act after it allegedly provided falsified data to the Department of Housing and Urban Development to incentivize housing authorities to make energy-saving capital improvements.
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