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False Claims Act Update & Alert |
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Taxpayers
Against Fraud Education Fund | Washington, D.C. |
WWW.TAF.ORG
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n TAF Home Page n Previous Newsletters n Email editor
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 Pfizer
Reserves
$2.3 BillionPfizer's recent SEC report notes the company has reserved $2.3 billion "resulting from an agreement in principle to resolve previously disclosed investigations regarding allegations of past off-label promotional practices concerning Bextra, as well as other open investigations." When a settlement occurs, this will make Bextra the largest single settlement with an FCA component, dwarfing Eli Lilly's $1.4 billion settlement announced just last week. >> To read more |
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 Investing in Fraud Busting
The Supplemental Anti-Fraud
Enforcement Markets Act, introduced by Sen. Charles
Schumer (D-NY) and Sen. Richard Shelby (R-AL), would allocate
an additional $110 million a year to
hire
500 new FBI agents, 50 new assistant U.S. Attorneys and 100
new SEC enforcement division employees
to fight white collar fraud. The
senators note that the $110 million investment will pay
for itself, since fines and restitution can be expected to
exceed $110 million. >>
To read more
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Oakland
attorney and former federal prosecutor Tony
West has been tapped to head the Civil
Division at the U.S. Department of Justice.
West was previously a top aide to Attorney
General Janet Reno.
>>
To read more
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 Top Purdue Pharma Executives Banned for 15 YearsAn Administrative Law Judge has affirmed a 15-year exclusion from all Federal health care programs against Purdue Frederick's Michael Friedman (former COO and CEO), Paul Goldenheim, M.D. (Chief Scientific Officer) and Howard Udell (General Counsel) for their roles as responsible corporate officers who failed to prevent misbranding and fraudulent distribution of OxyContin. >> To read more |
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Tony West to
Head DoJ Civil