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Violation Tracker Individual Record

Company: Hybrid Tech Holdings, LLC et al.
Penalty: $29,000,000
Year: 2020
Date: January 31, 2020
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Hybrid Tech Holdings, LLC, Hybrid Technology, LLC, and Ace Strength International, LTD, agreed to resolve allegations that they violated the False Claims Act by colluding to rig the bidding of an auction to purchase the United States Department of Energy's non-performing loan to Fisker Automotive, Inc. and Fisker Automotive Holdings, Inc.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-District of Columbia
Civil or Criminal Case: civil
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.