ATTORNEY NEWSLETTER The first Consumer Financial Protection Bureau’s (CFPB) public enforcement lawsuit was just months ago when the CFPB announced Capital One was to refund $140 million to customers and pay an additional $25 million penalty for also using deceptive marketing practices to mislead cardholders into buying extra products. Now, […]

Healthcare criminals beware: the federal government is strengthening its healthcare fraud prevention tools.  On July 26, 2012, the Obama Administration announced a public-private partnership focused on improving the detection of fraudulent healthcare billings.  Under the partnership, several private health insurance organizations, anti-fraud groups, and government agencies have agreed to share […]

Monday, July 02, 2012. After a lengthy investigation and indictment, GlaxoSmithKline(GSK) has reached a plea agreement with the U.S. government and will pay $3 billion to settle one of the most significant health-care fraud cases in history. GlaxoSmithKline was charged with counts in violation of the United States Federal Food, […]

SAIC to Pay $500 Million to Settle New York CityTime Fraud Bloomberg A contractor hired to overhaul the payroll systems for several New York City agencies has agreed to pay $500.4 million to the U.S. Attorney’s office. This contractor, Science Applications International Corp (SAIC) has admitted to failure to investigate […]

Dava Pharmaceuticals Whistleblower Case Settles for $11 Million PRWeb Dava Pharmaceuticals, Inc., has agreed to an $11 million settlement in response to allegations of healthcare fraud. The allegations relate to a false misclassification of certain drugs: Cefdinir, Clarithromycin, and Methotrexate. The alleged misclassification of these drugs as “non-innovator” drugs as […]

Maersk to pay federal government $31.9 million The Virginian-Pilot Maersk Line, and Maersk Line Limited, the world’s biggest container shipping firm, will pay the United States federal government $31.9 million in response to false claims allegations regarding cargo shipments to U.S. troops in Afghanistan and Iraq. The lawsuit was initially […]

Michigan man spearheads Medicare fraud lawsuit, wins; GE Healthcare settles lawsuit for $30M In Michigan, the company GE Healthcare has settled a lawsuit for $30 million with an individual named James Wagel. Wagel filed the suit in 2006 on behalf of the government under the federal False Claims Act, and […]

See below on Risperdal proposed settlement numbers.  This is actually a small settlement considering total sales, black box warning, and major side effects.  The medicare system will be burdened with diabetes caused by this drug for sometime.  The bottom line of the article is telling: $65 dollar stock down eight […]