Daily Mirror: US firm doing Tories’ dirty work on benefits is hit by whistleblower’s shocking allegations
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Maximus Inc, which assesses disabled people’s fitness for work, is “a brutal, Wall Street corporation devoid of any humanity” says a former PR manager
Directors of the controversial American company whose UK subsidiary implementsGovernment ‘fit-for-work’ tests “offloaded millions of pounds worth of shares” ahead of revelations that the company is performing badly, a whistleblower alleges.
He claims executives, including the President and CEO of Maximus Inc, sold over £7.9million in shares ahead of revelations the company is performing even worse than the previous firm to take the role, ATOS.
This week, the former senior PR manager, who worked for Maximus’s UK subsidiary the Centre for Health and Disability Assessments (CHDA), filed a complaint to the US Securities and Exchange Commission (SEC).
He claims that “directors knew of serious problems just months into the contract and still sold millions of pounds worth of shares”.
Maximus says the directors of the Virginia-based company – which operates government contracts all over the globe – traded in line with regulations and they have not received a complaint from the SEC.
The former local government official claims he was fired by CHDA after raising concerns about spending on PR.
He added: “Maximus is a brutal, Wall Street corporation devoid of any humanity and only interested in the US share price.”