Navigant Consulting Says USAO's Decision Fully Validates Company Position

(RTTNews) - Navigant Consulting Inc. (NCI) announced Wednesday that the United States Attorney's Office for the Eastern District of New York or USAO has informed the company it has closed its investigation into the matters outlined in a report by the Moreland Commission on Utility Storm Preparation and Response.

The USAO investigation did not indicate any findings of wrongdoing on the part of Navigant or any of its individual employees referenced in the Moreland Commission's report. The report related, in part, to Navigant's work for its long-standing client, the Long Island Power Authority or "LIPA".

Julie Howard, Chief Executive Officer of Navigant, said, "The USAO's investigation yielded the outcome we were expecting: that Navigant and its professionals operated with complete integrity and in accordance with our contracts and client expectations. Throughout this difficult time, we have remained steadfast in our conviction that there was no merit to the concerns raised by the Commission and expected the USAO would reach the same conclusion. The USAO's decision fully validates our position."

"We are pleased that the USAO investigation has been favorably resolved. We are excited to put this matter behind us as we continue to help our clients address their most challenging business issues," Julie Howard said.