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Economy
In reply to the discussion: STOCK MARKET WATCH -- Wednesday, 5 March 2014 [View all]Demeter
(85,373 posts)4. US sues Sprint for allegedly overcharging on wiretaps
http://news.cnet.com/8301-1035_3-57619850-94/us-sues-sprint-for-allegedly-overcharging-on-wiretaps/?part=rss&subj=news&tag=title
GUESS THE COST PLUS CONTRACT DIDN'T GO AS FAR AS THEY THOUGHT...
The government claims Sprint "inflated its charges by approximately 58 percent," which amounts to more than $21 million in overpayment... "Under the law, the government is required to reimburse Sprint for its reasonable costs incurred when assisting law enforcement agencies with electronic surveillance," Sprint spokesman John B. Taylor told CNET. "The invoices Sprint has submitted to the government fully comply with the law."
In the complaint, the government asks for triple damages and unspecified civil fines.
THIS COULD BE THE END OF A MUTUALLY-SATISFYING RELATIONSHIP...
GUESS THE COST PLUS CONTRACT DIDN'T GO AS FAR AS THEY THOUGHT...
The government claims Sprint "inflated its charges by approximately 58 percent," which amounts to more than $21 million in overpayment... "Under the law, the government is required to reimburse Sprint for its reasonable costs incurred when assisting law enforcement agencies with electronic surveillance," Sprint spokesman John B. Taylor told CNET. "The invoices Sprint has submitted to the government fully comply with the law."
In the complaint, the government asks for triple damages and unspecified civil fines.
THIS COULD BE THE END OF A MUTUALLY-SATISFYING RELATIONSHIP...
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