A subsidiary of the Stryker Corporation has agreed to pay $80 million after pleading guilty to marketing and selling certain knee replacement products without government approval. The OtisMed group, which manufacturers “cutting guides” used to achieve a perfect incision and implantation during knee replacements, has refused to admit any sort […]
Federal grant money often comes with highly-specific conditions and requirements, including the promise to only spend the money on certain expenses related to a research or development project. Failure to adhere to the terms of a grant award will likely trigger possible liability under the False Claims Act, provided the […]
In another military fraud case, Swiss-based Supreme Foodservice has agreed to pay a total of $434 million to the United States following allegations of fraud under the False Claims Act. The lawsuit was commenced after several employees raised concerns over the ownership structure of Supreme Foodservice, alleging it was using […]
As we discussed in yesterday’s post, fiscal year 2014 was a historic one for the Department of Justice and the False Claims Act. With an overall recovery topping $5 billion – most of which is attributed to healthcare and mortgage fraud – the top ten healthcare fraud settlements involve astronomical […]
Fiscal year 2014 has been a historic one for the False Claims Act. According to a recent announcement by the Department of Justice, this past year has seen the recovery of more taxpayer dollars than any other year – with over $2 billion recovered from healthcare fraud alone. Bank and […]
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