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LabCorp (LH +.5%) is suing the federal government, accusing the Department of Veteran Affairs of...

LabCorp (LH +.5%) is suing the federal government, accusing the Department of Veteran Affairs of improperly rejecting it's $31.7M contract bid for laboratory testing. The complaint alleges the department “erroneously programmed” a computer system to stop accepting bids an hour before a publicized deadline. Because of the glitch, when LH attempted to put in its bid 57 minutes before the deadline it was rejected.
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