August 29, 2016 8:58 PM ET

Professional Services

Company Overview of Accutest Laboratories, Inc.

Company Overview

Accutest Laboratories, Inc. owns and operates an environmental testing laboratory that provide environmental analytical services to industrial, engineering/consulting, and government clients in the United States. Its environmental analytical services include organic and inorganic chemical analysis of water, soil/sediments/solids, air/soil vapors, waste characterization, energetics and explosives, emerging contaminants, and environmental forensics. It also provides hydraulic fracturing analysis services, including analysis of fracturing fluids utilized in fracturing the shale formations; pre-drilling and post-drilling activities; and analytes outlined in CWA, SWDA, NPDES, CAA, and RCRA relate...

2235 US Highway 130

Dayton, NJ 08810

United States

Founded in 1956

Phone:

732-329-0200

Fax:

732-329-3499

Key Executives for Accutest Laboratories, Inc.

Chief Executive Officer and President
Chief Financial Officer and Vice President
Vice President of Information Technology
Director of Client Services
Corporate Technical Director of Inorganics and Laboratory Director of New Jersey
Compensation as of Fiscal Year 2016.

Accutest Laboratories, Inc. Key Developments

Accutest Laboratories to Pay the State $2 Million to Resolve Allegations

Acting Attorney General John J. Hoffman announced that Accutest Laboratories will pay the State $2 million to resolve allegations that it deviated from both federal and state requirements for the extraction and testing of certain compounds, thereby submitting false claims to the State and its agencies for payment. The allegations central to settlement flow from a federal qui tam or whistleblower lawsuit filed two years ago by a former Accutest employee. The lawsuit alleged that Accutest violated both the federal and New Jersey False Claims Acts by not following U.S. Environmental Protection Agency (EPA) requirements in the extraction and testing of certain semi-volatile organic compounds. Specifically, the Complaint alleged that some line-level technicians in Accutest's extraction laboratories did not fully comply with Standard Operating Procedures or prescribed methods. While the bulk of settlement covers False Claims Act damages, a portion -- approximately $920,000 -- resolves alleged violations by Accutest of DEP Regulations Governing the Certification of Laboratories and Environmental Measurements. Under the agreement, Accutest admits no wrongdoing or liability.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 4, 2016
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