April 19, 2023
“Justices Appear Open to Whistleblowers’ Drug Fraud Arguments”
Phillips and Cohen partner Claire Sylvia discusses with Bloomberg News the oral argument before the U.S. Supreme Court’s in US ex rel. Schutte v. SuperValu Inc. case. “The Justices seemed to view...
Posted In Phillips & Cohen In The Media
April 18, 2023
Supreme Court Hears Arguments in False Claims Act Case
Washington, DC–April 18, 2023 – Today the Supreme Court heard oral arguments in United States ex rel. Schutte v. SuperValu, Inc., a set of cases concerning a critical element of liability under...
Posted In Phillips & Cohen News
April 13, 2023
Nonpublic companies can commit securities fraud too
In a case that serves as an important warning for nonpublic startup companies that may think their status insulates them from regulatory oversight, the government brought charges against the CEO of Frank,...
Posted In Whistleblower Law Insights
April 04, 2023
Wells Fargo Fined $97.8 Million for Violating U.S. Economic Sanctions
The U.S. Department of the Treasury and the Federal Reserve Board announced Wells Fargo will pay $97.8 million for helping facilitate more than 100 financial transactions, violating U.S. sanctions against...
Posted In Whistleblower Law Insights
March 30, 2023
“LabCorp to pay $2.1 million to settle DOJ lawsuit for allegedly overbilling Defense Department”
Phillips and Cohen partner Peter Chatfield talked to CNBC about whistleblower Donna Hecker-Gross’ case against Labcorp: “She believed Labcorp was responsible for repaying all the overcharges,...
Posted In Phillips & Cohen In The Media
March 28, 2023
Senators Grassley and Warren Introduce Bill to Strengthen the SEC Whistleblower Program
This month Senators Chuck Grassley (R- Iowa) and Elizabeth Warren (D-MA) reintroduced legislation designed to strengthen the Securities and Exchange Commission (SEC) Whistleblower Program. The bipartisan legislation...
Posted In Whistleblower Law Insights
March 27, 2023
Labcorp agrees to pay $2.1 million to settle whistleblower lawsuit
Washington, DC—March 27, 2023—Laboratory Corporation of America (Labcorp), a global healthcare company that provides clinical lab services, has agreed to pay a total of $2.1 million to the federal...
Posted In Phillips & Cohen News
March 23, 2023
Collapse of banks highlights the need for strong accounting practices and whistleblowers to expose fraud
Just weeks before the collapse of Silicon Valley Bank (SVB) and Signature Bank, accounting firm KPMG signed off on both of the banks’ audits. These failures come as audit firms are increasingly in the...
Posted In Whistleblower Law Insights
March 20, 2023
“DOJ Again Deploys FCA in Cybersecurity Case; Florida Medicaid Contractor Was Hacked”
Phillips & Cohen partner Colette Matzzie discusses the connection between a cybersecurity failure and the False Claims Act with the newsletter, Report on Medicare Compliance: To connect the dots between...
Posted In Phillips & Cohen In The Media
March 09, 2023
Connecticut and Maryland look to Expand State False Claims Acts
With the potential to recover millions of dollars lost to fraud, Connecticut and Maryland are both looking to expand their states’ False Claims Acts this legislative session. Connecticut Connecticut’s...
Posted In Whistleblower Law Insights