CityTime update but before we get to the corrupt payroll system for New York City government given to us with SAIC by Rudy Giuliani and he and all his deputy mayor friends turn lobbyist all profited after he left office SAIC over $600 million dollars as Guiliani and pals cashed in deputy mayors turned lobbyist for SAIC.
Zachary Carter has been caught using white out to redact evidence that would prove that city government officials knew about the nursing home were complicit in dirty dealing and he has not been arrested or forced to resign because a was a former US attorney appointed by Bill Clinton so therefore he's Teflon.
Zachary Carter is a villain resembles this blog's villain Dr Redacto.
Zachary Carter, Cy Vance are protecting highest level of corruption involving the police department taking lavish gifts and 911 tech corruption far worse than the flawed payroll system and both tech Titanics all top players under Bloomberg all Teflon.
Zachary Carter has been caught using white out to redact evidence that would prove that city government officials knew about the nursing home were complicit in dirty dealing and he has not been arrested or forced to resign because a was a former US attorney appointed by Bill Clinton so therefore he's Teflon.
Zachary Carter is a villain resembles this blog's villain Dr Redacto.
Zachary Carter, Cy Vance are protecting highest level of corruption involving the police department taking lavish gifts and 911 tech corruption far worse than the flawed payroll system and both tech Titanics all top players under Bloomberg all Teflon.
It looks SAIC continues to argue about the details and wants to narrow down and grind away the liability now that they are back in court oh when will they just give it up and write a check to the shareholders???
Recent court documents clearly prove the shareholders loss during the period of lying?
"From June 2, 2011, when SAIC first disclosed the existence of a criminal investigation and the possible magnitude
of its reimbursement to the City, to September 1, 2011, the day after it announced the termination of the CityTime Contract, SAIC's stock
price fell from 17.21 to $12,91 per share"
Sounds truthful to the street....!? SAIC lay down and pay back the shareholders...wonder woman has you in her lasso of turth this week. Dr Redacto this blogs fictional villain will not get away with this redaction.
SAIC was the prime contractor responsible for the developing a payroll system called CityTime. In June 2011 after several years of escalating news and blog coverage that prompted investigations which resulted in indictments in early 2011. 911 tech a response to 9-11 is the biggest crime in New York City government but it hasn't been prosecuted not want 1 arrest 911 aka ECTP is consider the largest fraud scandal perpetrated on the City of New York broke and SAIC CityTime the 2nd biggest.
Not 1 nyc gov employee arrested not even Joel Bondy but 11 were indicted: 1 dead, 3 jailed, 2 still on the run in India and 5 receiving soft sentences for cooperating. No City Officals nor top NYC officials to date have been arrested. The shareholders sued in class action and 6 years later are seeking restitution for not disclosing the potential losses timely.
This blog predicted lawsuits as early as June 6 2011!! SAIC 8K CityTime Forced to File to Protect Shareholders?
Recent court excerpt clearly values the shareholders loss filed by Robbins Geller, IS SAIC now LEIDOS continuing to lie and coverup?
"From June 2, 2011, when SAIC first disclosed the existence of a criminal investigation and the possible magnitude
of its reimbursement to the City, to September 1, 2011, the day after it announced the termination of the CityTime Contract, SAIC's stock
price fell from 17.21 to $12,91 per share"
Sounds truthful to the street....!? SAIC lay down and pay back the shareholders...wonder woman has you in her lasso of tRuth this week? Dr Redacto this blogs fictional villain will not get away with this redaction.
Also....just for the record. Leidos very own words in its Security Exchange document signed and filed on July 29, 2016 mirror the dates as ending September 1 too??? AND only TWO business days later August 1 The court denies a REDO and again denies a delay of the mandate to enforce the order......and its NOT in the SEC filing 2nd Circ. Denies Leidos A Redo In Investor Fraud Probe Suit - Law360
Section of form 10k filed July 29, 2016
"Securities Litigation
Between February and April 2012, alleged stockholders filed three putative securities class actions. One case was withdrawn and two cases were consolidated in the U.S. District Court for the Southern District of New York in In Re: SAIC, Inc. Securities Litigation. The consolidated securities complaint named as defendants the Company, a former chief financial officer, two former chief executive officers, a former group president and the former program manager on the Company's contract to develop and implement an automated time and attendance and workforce management system for certain agencies of the City of New York ("CityTime"), and was filed purportedly on behalf of all purchasers of the Company's common stock from April 11, 2007, through September 1, 2011. The consolidated securities complaint asserted claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 based on allegations that the Company and individual defendants made misleading statements or omissions about the Company’s revenues, operating income and internal controls in connection with disclosures relating to the CityTime project. The plaintiffs sought to recover from the Company and the individual defendants an unspecified amount of damages class members allegedly incurred by buying Leidos' stock at an inflated price. On October 1, 2013, the District Court dismissed many claims in the complaint with prejudice and on January 30, 2014, the District Court entered an order dismissing all remaining claims with prejudice and without leave to replead. The plaintiffs moved to vacate the District Court's judgment or obtain relief from the judgment and for leave to file an amended complaint. On September 30, 2014, the District Court denied plaintiffs' motions. The plaintiffs then appealed to the United States Court of Appeals for the Second Circuit. On March 29, 2016, the Second Circuit issued an opinion affirming in part, and vacating in part, the District Court's ruling. In particular, the Second Circuit held that the plaintiffs should be permitted to pursue omissions claims against the Company with respect to the annual report the Company filed on Form 10-K on March 25, 2011; the Second Circuit affirmed dismissal of all other claims, including all the claims against the individual defendants. The Company has petitioned the Second Circuit to rehear the appeal, and the petition is pending."
