November 06, 2015
Whistleblower claim leads to settlement, arrest of former Warner Chilcott president
The Department of Justice last week announced a $125 million settlement with the New Jersey-based pharmaceutical manufacturer Warner Chilcott to resolve criminal and civil liability for alleged violations...
Posted In Whistleblower Law Insights
November 06, 2015
Whistleblower Unveils Security Lapse For Government Contractors
Earlier this week, the Department of Justice announced it settled a False Claims Act case with Netcracker Technology Corp. and Computer Sciences Corp. for their failure to ensure that only individuals...
Posted In Whistleblower Law Insights
November 02, 2015
Novartis CEO got it right: Future compliance ‘remains to be seen’
Novartis is what US Attorney Preet Bharara of the Southern District of New York called a “repeat offender” – big time. But that doesn’t seem to bother Novartis CEO Joe Jimenez. In 2010, Novartis...
Posted In Whistleblower Law Insights
October 30, 2015
One analyst per 5,000 ratings = $6M SEC settlement for DBRS
The Securities and Exchange Commission this week yanked away the curtain at DBRS, a credit-ratings agency, and revealed that the firm employed only one analyst to conduct the majority of surveillance tasks...
October 28, 2015
Defendant’s testimony in Libor criminal case is unusual strategy
The first US criminal trial on allegations of Libor rate-rigging by large banks will be getting more attention than usual this week as the lead defendant in the case takes the stand. Anthony Allen, a former...
October 27, 2015
Novartis settlement shows value of whistleblowers
In a closely watched False Claims Act case filed in the Southern District of New York, Novartis announced it has agreed to pay $390 million to settle whistleblower allegations that it had provided pharmacies...
Posted In Whistleblower Law Insights
September 23, 2015
Adventist settlement latest in whistleblower cases against hospitals for Stark violations
Adventist Health System’s $118 million settlement this week is the latest and largest one involving violations of the physician referral law known as the Stark Act. The settlement covered a qui tam...
Posted In Whistleblower Law Insights
September 18, 2015
Bitcoin and other virtual currencies are held for the first time to be commodities covered by the Commodity Exchange Act
The Commodity Futures Trading Commission released an order Sept. 17 holding that Bitcoin and other virtual currencies are commodities and are subject to regulation under the Commodity Exchange Act and...
August 25, 2015
Special Care & NY Hospitals Settle Lawsuit For $8 Million
SpecialCare Hospital Management Corp. and three New York hospitals agreed this week to pay a total of more than $8 million to New York and the federal government to settle a whistleblower lawsuit and government...
Posted In Whistleblower Law Insights
August 19, 2015
BNY Mellon FCPA Case Settlement Highlights Foreign Bribery
Following the Bank of New York Mellon’s settlement with the SEC this week, expect to see more Wall Street banks settle foreign bribery allegations involving the practice of hiring relatives of sovereign...