GSA Contractor University Loft Company to Pay U.S. $400,000 to Resolve Contract Fraud Allegations

Following an investigation of alleged false claims and contract fraud, J Squared Inc., d/b/a University Loft Company, has reached a settlement with the United States. Indiana-based University Loft Company has agreed to pay the United States $400,000. The settlement resolves allegations that the company knowingly sold Malaysian-made furniture to government purchasers in violation of the Trade Agreements Act (TAA).