Honeywell Case Not Impacted by CEO’s Body-Armor Settlement

July 26, 2018, 6:05 PM UTC

A federal court has dismissed a false claims case against the president and chief executive officer of a body armor company.

The U.S. District Court for the District of Columbia said Richard C. Davis has honored terms of a settlement agreement announced by the Justice Department on July 16. That, the court found, ends a case alleging that his company, Second Chance Body Armor Inc., sold defective Zylon bullet-proof vests to law-enforcement agencies in violation of the False Claims Act.

The settlement provides for Davis to pay $1.2 million in previously frozen assets plus $125,000.

The settlement doesn’t affect a ...

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