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Company: Prysmian Cables and Systems USA LLC
Current Parent Company:
Prysmian Group
Parent at the Time of the Penalty Announcement:
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Penalty: $920,000
Year: 2024
Date: July 23, 2024
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Prysmian Cables and Systems USA LLC , located in Abbeville, South Carolina, agreed to pay $920,000 to settle allegations that it violated the False Claims Act by knowingly falsifying test results and failing to conduct required testing on military cable, known as M13486 cable, that was used in vehicles manufactured for use by the military. The alleged misconduct took place from approximately 2005 to 2021 at a facility in Paragould, Arkansas. Prysmian acquired the Paragould facility in 2018.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: Italy
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: electronic equipment
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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