December 6, 2013
False Claims Act Legal News
All this week, we have been focusing on whistleblower protections as they pertain to the securities market. Whistleblowers with original information of trading, disclosure or other types of fraud are now able to make reports of misconduct under the new qui tam provisions of the Dodd-Frank Act, which was enacted […]
December 5, 2013
False Claims Act Legal News
Over the past several days, we have reviewed a recent report submitted to Congress by the Securities and Exchange Commission detailing its unveiling of the Office of Whistleblower Protection (OWB). The OWB was set up in response to the 2010 Dodd-Frank Act, which effectuated Wall Street reform and is designed […]
December 3, 2013
SEC Fraud
In yesterday’s post, we introduced and began reviewing the recent report submitted to Congress by the SEC. It provides helpful details and insight into the whistleblower program advanced by the Dodd Frank Act as well as an analysis of fiscal year 2013 and the highlights therein, including a record-breaking $14 […]
December 2, 2013
SEC Fraud
As we reported last week, the Dodd-Frank Wall Street Reform and Consumer Protection Act has been highly integral in protecting investors and taxpayers as well as holding fraudulent investors and corporate managers responsible for their misdeeds. Earlier this month, the Securities Exchange Commission, an entity responsible for overseeing the securities […]
November 29, 2013
False Claims Act Information
Our blog often discusses litigation surrounding the False Claims Act, which is the hallmark whistleblower statute in the United States. Enacted during the Civil War, the FCA and its incentivizing qui tam provisions paved the way for other government entities to advocate for Congress to enact similar provisions in their […]
November 28, 2013
False Claims Act Legal News
According to the Department of Health and Human Services, the federal anti-kickback statute serves one purpose: to protect patients and the federal health care programs from fraud and abuse by curtailing the corrupting influence of money on health care decisions. As we have reported in the past, this law has proven […]
November 27, 2013
False Claims Act Legal News
In yet another case of unlawful Medicare billing, Vantage Oncology Center has agreed to pay $2 million to settle allegations it defrauded federal healthcare entities including Medicare and Medicaid. This case comes on the heels of a recent mega-settlement by neighbor Omnicare, Inc., a pharmacy services company alleged to have […]
November 26, 2013
False Claims Act Legal News
The False Claims Act is a piece of federal legislation, created by Congress in the mid-1800’s, that permits private individuals to file a cause of action on behalf of the U.S. government based on allegations of fraud or misspending of federal tax dollars. As we have reported in the past, […]
November 25, 2013
False Claims Act Legal News
Technology giant LG Chem announced earlier this month that it will pay $1.2 million to settlement claims under the False Claims Act. The settlement, which does not admit wrongdoing or liability, comes as a result of the government’s accusations that the company mismanaged federal funds and provided employees unnecessary benefits […]
November 22, 2013
False Claims Act Legal News
As we have reported in the past, the False Claims Act has been hugely successful in helping the U.S. government recover money lost as a result of scam artists and fraudulent contractors. The FCA condemns and punishes acts resulting in unlawful amounts of money forwarded from the U.S. government to […]
November 21, 2013
False Claims Act Legal News
The federal False Claims Act is an integral piece of legislation designed to avoid over-payment by the U.S. government to private contractors. Recently, the FCA has been highly successful in refunding monies taken by unscrupulous healthcare facilities having found ways to increase profits through unlawful Medicaid and Medicare billing practices. […]
November 20, 2013
False Claims Act Legal News
The False Claims Act was specifically structured during the Civil War era to eliminate the infiltration of fraud and scams upon American taxpayers by way of government contracts. The Act was originally initiated in response to attempts by fraudulent companies found to be double-billing or overselling war-related goods to soldiers […]