Blog

The latest news on what’s happening in the world of the False Claims Act and the IRS, SEC and CFTC whistleblower programs.  

For recent TAF newsletter content, see our archive.

| Nicholas Feeney

With recoveries already totaling over half a billion in Fiscal Year 2015, the False Claims Act recovered over $225 million in December alone.  

 
FCA |
| Nicholas Feeney

In Fiscal Year 2014 the CFTC Whistleblower Office received a total of 227 whistleblower tips (up from 138 in FY2013) and issued the programs first award for information that led to enforcement action in a case dealing with numerous violations of the Commodity Exchange Act.

CFTC | Christopher Ehrman, CFTC Whistleblower Office
| Anonymous (not verified)

The U.S. Government gets back $20 for every $1 invested in False Claims Act investigations. No law is more efficient.

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| Patrick Burns

A seasonal story.

| Penny Pledge
| Anonymous (not verified)

The "Truth in Settlements Act," is a bipartisan bill introduced by Senators Elizabeth Warren (D-MA) and Tom Coburn (R-OK) that seeks to bring more transparency to federal fraud settlements by requiring that they be posted online in a publicly accessible and searchable format. If an agency determines that some or all of an agreement should be held confidential, the Act requires the Agency to issue a brief public statement explaining why. The only opposition to this bill? The U.S. Chamber of Commerce.

| Truth in Settlements Act
| Nicholas Feeney

Former Countrywide Financial executive Edward O'Donnell will collect more than $57 million from DoJ's record $16.5 billion settlement with Bank of America for his role in exposing the sale of fraudulent mortgage securities in the run up to the 2008 financial crisis.   

 
FCA | Bank of America, Countrywide, Edward O'Donnell
| Anonymous (not verified)

Virginia Attorney General Herring has joined a whistleblower-iniated state false claims Act case filed suit against Trinity Industries for defective highway guard rail caps.

State FCA |
| Anonymous (not verified)

FCA |
| Anonymous (not verified)

Stryker will pay $80 million, $40 million under the False Claims Act, and subsidiary OtisMed, will be excluded from doing business with Medicare, Medicaid and other government health programs for 20 years, in exchange for the Deparment of Justice not criminally prosecuting Stryker for distributing knee surgery cutting guides after they were rejected by the FDA.

FCA | Joel Hesch, Stryker, OtisMed, FDA
| Anonymous (not verified)

A whistleblower-initiated False Claims Act lawsuit brought against Supreme Foodservice, the “prime vendor” of food and related items to the Department of Defense and coalition troops in Afghanistan from 2005 until at least 2009, has been settled for

FCA | Morgan Verkamp, Frederick M. Morgan, Jennifer M. Verkamp, Michael Epp, Mary Jones, Supreme Foodservice, Marc S. Raspanti, Pietragallo Gordon Alfano Bosick & Raspanti