Genomic Health, Inc. (GHI), a Delaware corporation headquartered in Redwood City, California, has agreed to pay $32.5 million to resolve allegations that it violated the False Claims Act by engaging in a nationwide scheme to improperly bill Medicare for certain laboratory tests used to diagnose and treat cancer...

The Securities and Exchange Commission has settled charges against New York-based registered investment adviser D. E. Shaw & Co., L.P. for raising impediments to whistleblowing by requiring employees to sign agreements prohibiting the disclosure of confidential corporate information to third parties, without an exception for potential SEC whistleblowers,...

Newell Brands, maker of Sharpie markers and Rubbermaid containers, and its former CEO Michael Polk with misleading investors over financial accounting practices. Newell will pay$12.5 million to settle the matter. The agency says that Newell announced strong or solid results in quarters that it internally said were disappointing because of poor sales.

The Securities and Exchange Commission has issued charges against Anthony Viggiano, a former analyst at Goldman Sachs Group Inc. and Christopher Salamone, Stephen A. Forlano, and Nathan Bleckley, for insider trading in advance of numerous merger and acquisition transactions.

The United States has obtained more than $370 million in judgments against a Kentucky businessman and his companies for a laboratory testing scheme that targeted the Medicare program. In August 2022, the United States filed a complaint against Rajen Shah and his companies...

According to a new article published by ProPublica, Philips Respironics kept complaints about its dangerous CPAP breathing machines secret while company profits soared. The article says that the company redesigned its best selling CPAP machine in 2010 to silence a rattle that kept people awake. They injected the devices with...

The Securities and Exchange Commission has settled fraud charges against Hyzon Motors Inc., an upstate New York-based company that builds hydrogen fuel cell electric vehicles (FCEVs), for misleading investors about its business relationships and...

A 13-count indictment was unsealed today charging two pharmacists and a physician for their roles in a multimillion-dollar health care fraud, kickback, and money laundering scheme. According to court documents, Shalondria Simpson, 45, of Houston, is a pharmacist who owned and operated two pharmacies in Houston: Advance Pharmacy (Advance)...

The United States Attorney’s Office has filed a complaint against Brookline-based Bournewood Health Systems and First Psychiatric Planners (FPP) for allegedly paying kickbacks in the form of free sober housing to induce patients to choose Bournewood and FPP over other treatment facilities. The extremely detailed and fulsome complaint containing much of the...

3M will pay more than $9.6 million to settle an investigation by the U.S. Treasury Department into sales to an Iranian entity controlled by Iran's law enforcement forces. The Treasur said that between September 2016 and September 2018, a 3M subsidiary...