ATTORNEY NEWSLETTER An individual living overseas has been awarded over $30 million by the Securities and Exchange Commission (SEC) for providing information on a difficult to detect ongoing fraud. This $30 million award is a...
Category: False Claims
Seven False Claims Act Lawsuits Settled for $98 Million
October 1, 2014
ATTORNEY NEWSLETTER In August, Community Health Systems, Inc. (CHS) and Community Health Systems Professional Services Corporation along with 119 of their hospitals settled seven False Claims Act lawsuits for $98 million....
Potential Bigger Rewards For Wall Street Whistleblowers
September 24, 2014
ATTORNEY NEWSLETTER On Wednesday, September 17, 2014 at the New York University School of Law, Attorney General Holder proposed an increase in rewards to Wall Street whistleblowers who report financial fraud. His proposal...
ATTORNEY NEWSLETTER Astonishingly, even before completing discovery, or trial, one of two federal fraud suits against Omnicare has returned an unprecedented settlement, a staggering $124 million. The two qui tam suits filed...
Courts Will Now Look at Employee’s “Reasonable Belief” of a Federal Fraud or Securities Violation Under The Sarbanes-Oxley Act
August 19, 2014
ATTORNEY NEWSLETTER Courts have lowered the level of proof required by employees who want to report a potential fraud or securities violation of the Sarbanes-Oxley act. The 2nd Circuit recently decided in the case of Nielsen...