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IG Report Whacks DCMA's Oversight of Contractors' Business Systems

Client Alert | less than 1 min read | 10.13.15

On October 1, the DoD IG released a report entitled, "Evaluation of Defense Contract Management Agency Actions on Reported DoD Contractor Business System Deficiencies," asserting that DCMA contracting officers "repeatedly" failed to comply with DFARS requirements involving reported business system deficiencies. The report, which is similar to one issued on June 29 regarding DCMA's treatment of estimating system deficiencies (available here), focused its criticisms on DCMA, despite DCMA's comments noting that DCAA, rather than DCMA, is responsible for determining whether a "significant" business system deficiency exists.

 

Insights

Client Alert | 6 min read | 06.09.26

Is Stock-a-palooza Over? Supreme Court allows SEC to Pursue Disgorgement

On June 4, 2026, the U.S. Supreme Court unanimously held that the U.S. Securities and Exchange Commission (SEC) can continue to pursue disgorgement as an equitable remedy in securities fraud cases without showing pecuniary loss by investors. The Court’s ruling in Sripetch v. SEC resolves a split between the U.S. Court of Appeals for the Second Circuit, which concluded that the SEC must demonstrate pecuniary loss, and the U.S. Courts of Appeals for the First and Ninth Circuits, which declined to require such a showing....