False Claims Act Update & Alert
Taxpayers Against Fraud Education Fund | Washington, D.C. | WWW.TAF.ORG
June 6, 2007
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TX Hospital to Pay $15.4 Mil.
Harris County's publicly-owned hospital district has agreed to pay $15.45 million to settle a False Claims Act lawsuit alleging the hospital routinely submitted claims to the state and federal governments without trying to first collect payment from private primary insurance companies, as required. >> To read more
Katrina, Insurance & the FCA
A False Claims Act lawsuit claims eight major insurance companies are ripping off the federal government by over-billing the National Flood Insurance Program for Hurricane Katrina flood damage. This is not the first time we have reported on a Hurricane Katrina flood insurance lawsuit, but so far DoJ has yet to join a case. >> To read more
Jazz Settlement on Horizon?
Jazz Pharmaceuticals, the maker of Xyrem (aka the "drug-assisted rape" drug known as "GHB") says it is in the process of negotiating a settlement in which the company would plead guilty to one felony count of off-label marketing and would pay approximately $20.5 million in civil and criminal payments over several years. >> To read more
Stryker Still Holding the Bag
Stryker has sold off its outpatient physical therapy business for $150 million, but under terms of the sale, Stryker will remain responsible for paying damages in connection with a previously announced federal investigation of Physiotherapy Associates (PA). In 2006, PA's net earning declined 43% as business practices changed. >> To read more
Fake Brass Earns Lawsuit
A supplier of military insignia has agreed to pay more than $250,000 to settle a False Claims Act case which accused the company of supplying the U.S. Navy Exchange Service with shoddy and substandard insignia made of less expensive and less durable zinc and white metals instead of brass. >> To read more
Blow Back From Peter Rost Pfizer tried to blow off Peter Rost, but instead they created a one-man machine bent on doing mayhem to the pharmaceutical industry and the liars, thieves and cheats that seem to pervade it. Fortune magazine has the story.