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Home » GPS Manufacturer Agrees to Pay $2.6M to Settle False Claims Act Allegations Relating to Improper Paycheck Protection Program Loan

GPS Manufacturer Agrees to Pay $2.6M to Settle False Claims Act Allegations Relating to Improper Paycheck Protection Program Loan

Hemisphere GNSS (USA) Inc., a satellite global positioning system manufacturer in Arizona that was purchased by CNH Industrial in 2023, has agreed to pay $2.6 million to settle allegations that it violated the False Claims Act by knowingly providing false information to apply for and receive forgiveness of a Paycheck Protection Program (PPP) loan to which the company was not entitled. Read More