June 22, 2022
What are SPACs?
What are SPACs? Special Purpose Acquisition Companies, or “SPACs”, are publicly traded companies that have no commercial operations and are formed solely to raise capital for the purpose of acquiring...
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Posted In Resources
June 21, 2022
The D.C. Circuit Tackles the False Claims Act’s government action bar
Last month, in a closely watched case, the D.C. Circuit resolved a dispute about a rarely invoked bar to certain whistleblower actions brought under the False Claims Act. In U.S. ex rel. Vt. Nat’l Tel....
The Supreme Court agrees to hear False Claims Act case
Washington, DC — The U.S. Supreme Court agreed to hear United States ex rel. Polansky v. Executive Health Resources, Inc., a case with the potential to significantly impact cases under the False Claims...
Posted In Phillips & Cohen News
June 15, 2022
SEC enforcement continues during COVID-19
The SEC shows no signs of slowing down on taking enforcement actions against COVID-related fraud by public companies. On March 31, 2022, the SEC reached a settlement with healthcare software company SCWorx,...
Posted In Whistleblower Law Insights
June 08, 2022
SEC secures $1.5M penalty from BNY Mellon investment adviser over environmental, social, and governance allegations
In May, the Securities and Exchange Commission charged BNY Mellon Investment Adviser (“BNY Mellon”) with misrepresenting that certain mutual fund investments had undergone Environmental, Social, and...
Posted In Whistleblower Law Insights
June 01, 2022
Clinical lab Caris pays $2.8M to settle whistleblower case
Washington, DC, June 1, 2022 – Caris Life Sciences, a clinical laboratory based in Texas, has agreed to pay more than $2.8 million to the federal government to settle a whistleblower lawsuit filed under...
Posted In Phillips & Cohen News
May 19, 2022
Dish Network must again face whistleblower’s license suit
Phillips & Cohen partner Colette Matzzie tells Bloomberg News that a DC Circuit Court Ruling in a multi-billion-dollar qui tam case against Dish Network-controlled companies is good news for whistleblowers....
Posted In Phillips & Cohen In The Media