The US Securities and Exchange Commission has paid its largest-ever whistleblower award $50 million.
The Wall Street Journal, which conducted an investigation about the wrongdoing, reported the whistleblower is a trader from Bank of New York Mellon (BKPRC) who alerted...
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Category: Whistleblower Cases
The Internal Revenue Service hiring independent consults to help find cryptocurrency tax evaders
The IRS sent out a statement of work (SOW) on May 12 requesting help from independent consultants to crack down on cryptocurrency tax non-compliance. According to the SOW, the IRS is seeking help from technology companies with crypto tax software to reconcile taxpayers’ reported cryptocurrency gains and losses on the tax returns. The process...
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UTC Laboratories genetic testing to pay $42.6 million to end charges of unnecessary pharmacogentic testing and kickbacks for lab referrals
UTC Laboratories, Inc. (RenRX) has agreed to pay $41.6 million, and its three principals, Tarun Jolly, M.D., Patrick Ridgeway, and Barry Griffith, have agreed to pay $1 million to resolve allegations that they violated the False Claims...
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Genova Diagnostics Inc. Lab pays up to $43 million to settle charges of Medicare fraud on clinically unnecessary lab gastro effects tests
Genova Diagnostics had agreed to pay up to $43 million to settle allegations that it had fraudulently billed the federal government for unnecessary lab services. The complaint filed with the federal court in May 2018, Genova allegedly sought and received payment for fecal, blood and urine tests that have not been scientifically proven...
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Despite COVID-19 crisis Securities & Exchange Commission whistleblower actions and awards mount
Despite the COVID-19 crisis, the Securities & Exchange Commission has continued to increase multi-million dollar awards awards under its Dodd-Frank whistleblower program.
Since January 21, 2020, when the CDC confirmed the first case of COVID-19 in the United States, the SEC has issued 12 whistleblower awards totaling approximately $64 million. Some of the highlights of these...
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Laboratory company pays $17million settling False Claims Act case alleging fraudulently billing Medicare for medically unnecessary feces tests
Genova Diagnostics, A laboratory company will pay the government $10 Million for allegedly tested patients' feces unnecessarily and billed the federal government, leading to charges of Medicare fraud. Now, they'll pay between $17-43 million to settle those allegations and others, according to the Department of Justice. A lawsuit filed in federal court alleged Genova improperly...
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Newman Law Offices announces settlement Encore Rehabilitation to pay $4.033 Million to settle whistleblower case
Skilled Nursing Rehabilitation and Therapy company, Encore Rehabilitation Services, LLC (Encore) which services hundreds of skilled nursing facilities in 25 states will pay $4,033,346 with interest settling a False Claims Act lawsuit alleging healthcare fraud. The case, captioned UNITED STATES EX REL REZA SAFFARIAN AND AUDREY THEILE V. ENCORE REHABILITATION SERVICES, LLC ET AL...
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Newman Law Offices False Claims Act whistleblower case against nursing home chain Saber Healthcare settles for $10 Million
The nursing home chain, Saber Healthcare Group LLC, and related entities, (Saber) have agreed to pay $10 million to settle a whistleblower case alleging that Saber violated the False Claims Act by knowingly causing certain of its skilled nursing facilities (SNFs) to submit false claims to Medicare for rehabilitation therapy services that were not...
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What Is Whistleblower Retaliation?
The federal government relies on whistleblowers to sound the alarm on fraud. Unfortunately, whistleblowers sometimes face retaliation from employers for doing the right thing. Retaliation can take on many forms, and it is prohibited by several federal laws, including the False Claims Act. In most cases, companies can be held accountable for...
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Guardian Elder Care therapy company pays $15.4 Million to settle False Claims Act case for billing medically unnecessary Rehab services to Medicare
Guardian Elder Care Holdings Inc., and related companies Guardian LTC Management Inc., Guardian Elder Care Management Inc., Guardian Elder Care Management I Inc., and Guardian Rehabilitation Services Inc., (Guardian) agreed to pay $15,466,278 to resolve False Claims...
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