The lawsuits were filed under the qui tam, or whistleblower, provisions of the False Claims Act, which permit private individuals to sue on behalf of the United States for false claims and to share in any recovery
Blog
Mystery Man Behind $3.6 Billion in Muni Lawsuits Steps Forward. Whistle-blower is Minnesota bond adviser
Russian telecommunications company were indicted in what prosecutors called one of the largest bribery schemes ever prosecuted under the Foreign Corrupt Practices Act
The SEC says Russia's Mobile TeleSystems (NYSE:MBT) will pay $100M to settle charges it violated the Foreign Corrupt Practices Act as part of a long-running bribery issue in Uzbekistan.
A federal appeals court upheld the U.S. Securities and Exchange Commission's $92.8 million civil fine against convicted Galleon Group hedge fund manager Raj Rajaratnam, nine months after refusing to shorten his 11-year prison term for insider trading.
The Commodity Futures Trading Commission (CFTC) today announced a whistleblower award totaling more than $2 million to be paid to an individual whistleblower.
OxyContin maker Purdue Pharma LP is exploring filing for bankruptcy to address potentially significant liabilities from thousands of lawsuits alleging the drug manufacturer contributed to the deadly opioid crisis sweeping the United States, people familiar with the matter said on Monday.
The whistleblower suit comes as the rail authority faces a criminal investigation and as the City Council is calling for a forensic audit of the rail system, whose costs have nearly doubled in the past several years.
The IRS Whistleblower Office released its annual report on awards under the program, showing 217 awards in 2018 for a total exceeding $300 million.
To become a whistle-blower, Darren Sewell had filed what is known as a "qui tam" complaint—the term comes from a Latin phrase that translates as "he who brings an action for the king as well as for himself."
German health-care firm Fresenius Medical Care AG said last week in a regulatory filing that it had reached an agreement in principle with U.S. authorities regarding a long-running foreign-bribery investigation that involved an anonymous whistleblower complaint.
The lawsuit was filed under the qui tam or whistleblower provisions of the False Claims Act, which allow private parties to file suit on behalf of the United States for false claims and to receive a share of any recovery.
Cognizant Technology Solutions Corporation has agreed to pay $25 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA), and two of the company's former executives were charged for their roles in facilitating the payment of millions of dollars in a bribe to an Indian government official.
The allegations resolved by the settlement were brought in a lawsuit filed under the qui tam, or whistleblower, provisions of the False Claims Act.
It is known as the "largest kleptocracy case in the world", a tangled tale of Hollywood celebrities, Malaysian politicians, luxury yachts, Picasso paintings, power and mind-boggling amounts of stolen money.
One of banking's most wanted whistleblowers, Frenchman Herve Falciani, has picked unlikely new weapons to fight money-laundering and fraud - cryptocurrency and the blockchain technology behind it.
Greenway Health LLC (Greenway), a Tampa, Florida-based developer of electronic health records (EHR) software, will pay $57.25 million to resolve allegations in a complaint filed by the United States under the False Claims Act alleging that Greenway caused its users to submit false claims to the government by misrepresenting the capabilities of its EHR product "Prime Suite" and providing unlawful remuneration to users to induce them to recommend Prime Suite, the Justice Department announced today.
And according to documents prepared for the court hearing, suddenly it turns out that a company widely seen as Canada's biggest cryptocurrency trader, a company that described itself as a "leading bitcoin exchange" was really just a guy with a computer.
About $190m in cryptocurrency has been locked away in a online black hole after the founder of a currency exchange died, apparently taking his encrypted access to their money with him.
The allegations stem from three lawsuits that were filed under the qui tam, or whistleblower, provisions of the False Claims Act, which permit private citizens to bring suit on behalf of the United States for false claims and share in any recovery.
