9th Circuit reopens False Claims Act lawsuit over Medtronic spine-surgery device

REUTERS

A federal appeals court on Friday revived a False Claims Act lawsuit against Medtronic, based on a whistleblower’s claim that the company committed fraud on the U.S. Food and Drug Administration by misrepresenting the properties of some spinal-surgery devices in order to speed up the agency’s clearance process. read more »

Credit Suisse execs out as bank takes $4.7 billion hit from hedge fund collapse

CNN

The collapse last month of US hedge fund Archegos Capital cost Credit Suisse nearly $4.7 billion and two of the bank's top executives their jobs. read more »

A massive Facebook breach underscores limits to current data breach notification laws

WASHINGTON POST

Lawmakers and privacy experts are slamming Facebook for its handling of a leak of more than 500 million users' personal information that was posted online for free. read more »