Florida’s BayCare Health System and Hospital Affiliates Agree to Pay $20 Million to Settle False Claims Act Allegations Relating to Impermissible Medicaid Donations

DOJ

BayCare Health System Inc. and entities that operate four affiliated Florida hospitals (collectively BayCare) have agreed to pay the United States $20 million to resolve allegations that BayCare violated the False Claims Act by making donations to the Juvenile Welfare Board of Pinellas County (JWB) to improperly fund the state’s share of Medicaid payments to BayCare. The four hospitals are Morton Plant Hospital, Mease Countryside Hospital, Mease Dunedin Hospital and St. Anthony’s Hospital. read more »

Former Mckinsey Partner Sentenced To 24 Months In Prison For Insider Trading Scheme

DOJ

Defendant Puneet Dikshit Was a Lead McKinsey Partner Advising Goldman Sachs on Its Acquisition of GreenSky. read more »

SEC probes Amazon's handling of employees' use of sellers' data for private labels

REUTERS

The U.S. Securities and Exchange Commission (SEC) is investigating how Amazon.com Inc (AMZN.O) handled employee disclosures on the use of third-party sellers' data purportedly to boost its own private-label business, the Wall Street Journal reported on Wednesday. read more »