Category: False Claims

SAIC to Pay $500 Million to Settle New York CityTime Fraud Bloomberg A contractor hired to overhaul the payroll systems for several New York City agencies has agreed to pay $500.4 million to the U.S. Attorney’s office. This contractor, Science Applications International Corp (SAIC) has admitted to failure to investigate […]

Citigroup to Pay $158M in Whistleblower Fraud Claim Over Insurance for Mortgages Citigroup Inc., a Manhattan-based financial services corporation and the third-largest US bank, will pay $158 million in a settlement regarding US civil claims that Citigroup defrauded the government into insuring thousands of high-risk home loans through its CitiMortgage […]

Dava Pharmaceuticals Whistleblower Case Settles for $11 Million PRWeb Dava Pharmaceuticals, Inc., has agreed to an $11 million settlement in response to allegations of healthcare fraud. The allegations relate to a false misclassification of certain drugs: Cefdinir, Clarithromycin, and Methotrexate. The alleged misclassification of these drugs as “non-innovator” drugs as […]

“Massive” Insurance Fraud Cost Illinois $524 Million Courthouse News In Chicago, a company called Total Asset has sued Metropolitan Life Insurance (Metlife) and Prudential Financial insurance providers, claiming that the companies kept over $524 million in unclaimed life insurance that they should have turned over to the state of Illinois. […]

On behalf of The Evans Law Firm on Tuesday, January 31, 2012. ATTORNEY NEWSLETTER Editorial: Elder abuse on the rise with growing older population The Herald-Dispatch As the quality of healthcare and the average life expectancy in the United States has gone up, so too unfortunately has the incidence of […]

California Blues will pay Los Angeles $2 million to settle rescission lawsuit American Medical News Health system reform made rescinding coverage illegal except in cases of fraud. The company has not admitted wrongdoing. The Blue Shield of California insurance company has agreed to pay $2 million to the city and […]

Maersk to pay federal government $31.9 million The Virginian-Pilot Maersk Line, and Maersk Line Limited, the world’s biggest container shipping firm, will pay the United States federal government $31.9 million in response to false claims allegations regarding cargo shipments to U.S. troops in Afghanistan and Iraq. The lawsuit was initially […]

 Actavis settles Medicaid fraud case for $84 million Reuters [Article submitted by Dr. Caroline Poplin] Actavis Group, a privately held generic pharmaceutical company based in Iceland, has settled a Medicaid fraud case for $84 million with the state of Texas. According to Texas Attorney General Greg Abbott, Actavis had been […]

Michigan man spearheads Medicare fraud lawsuit, wins; GE Healthcare settles lawsuit for $30M In Michigan, the company GE Healthcare has settled a lawsuit for $30 million with an individual named James Wagel. Wagel filed the suit in 2006 on behalf of the government under the federal False Claims Act, and […]

See below on Risperdal proposed settlement numbers.  This is actually a small settlement considering total sales, black box warning, and major side effects.  The medicare system will be burdened with diabetes caused by this drug for sometime.  The bottom line of the article is telling: $65 dollar stock down eight […]