- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-02-08T22:01:00
Penalties assessed for violations of the False Claims Act (FCA) topped $2.2 billion during fiscal year 2022, less than half the mark the Department of Justice (DOJ) reached the previous year.
The DOJ didn’t give a reason for the decreased dollar amount of FCA recoveries during the fiscal year, which ended Sept. 30, 2022. The agency’s return of $5.6 billion in FY2021 was its second-largest amount ever collected in one year, while the FY2022 amount is the smallest since FY2008, according to agency records.
The drop came despite 351 settlements and judgments being recorded in FY2022, the second highest such number in a single year.
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2023-03-28T19:44:00Z By Aaron Nicodemus
More whistleblowers than ever before filed reports with their employers in 2022, with more than half doing so anonymously, according to the latest hotline benchmark report from NAVEX.
2023-01-30T17:13:00Z By Aaron Nicodemus
Walgreens agreed to pay $7 million to settle alleged violations of the False Claims Act that it overbilled the state of Tennessee’s Medicaid insurance program for Hepatitis C medications and kept the proceeds even after it discovered an employee’s misconduct.
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A Johnson & Johnson medical device subsidiary admitted to providing thousands of dollars in equipment as kickbacks to an orthopedic surgeon as part of a $9.75 million settlement reached with the Department of Justice.
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The U.S. Consumer Financial Protection Bureau continues to unravel amid pressure from Trump administration officials to shutter the agency. Not only has the agency informed its employees that it will no longer be a watchdog for the financial services industry, it has also laid off employees despite court orders blocking ...
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