March 30, 1998   Alliant Techsystems Inc. & Hercules Inc.

Alliant Techsystems Inc. of Hopkins, Minnesota and Hercules Inc. of Wilmingon, Delaware have agreed to pay $4.5 Million Dollars to settle allegations asserted in a qui tam action filed by a former employee, P. Robert Platt. The allegations of the case were that managers at the companies’ plants directed employees to mischarge labor time to a number of military contracts even though management knew the employees did not devote as much time to the contract as was charged to the government.

As part of the settlement, Mr. Platt will receive $900,000 for having filed the qui tam case.

See U.S. Dept of Justice Press Release 3/30/98

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