- SCI Technology and parent Sanmina previously settled and saw dismissal of a whistleblower lawsuit over alleged misapplied cost accounting on U.S. defense contracts and wage law issues, agreeing to pay the government US$4.5 million plus US$1.4 million in attorneys’ fees while admitting no wrongdoing.
- The case spotlights how Sanmina’s cost accounting controls and labor compliance on government work intersect with its broader push into higher value defense and infrastructure contracts.
- We will look at how Sanmina’s investment narrative interacts with the cost accounting whistleblower settlement and related compliance questions.
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