BEACHWOOD -- Ohio-based RPM International Inc. and its subsidiary Tremco Inc. have paid nearly $61 million to settle a suit that argued the group filed false claims under roofing supplies and services contracts with the US. General Services Administration.
The U.S. Department of Justice in a statement on Wednesday announced the settlement. Tremco is a manufacturer of roofing products and services.
The department says Tremco allegedly failed to give the government price discounts given to non-federal government customers.
The department also alleges Tremco marketed expensive materials to government buyers without disclosing the availability of cheaper materials that were also manufactured and sold by the company.
The lawsuit's whistleblower, Tremco's former vice president Gregory Rudolph, will receive nearly $11 million from the settlement. Tremco's attorney did not immediately return a request for comment.