The U.S. Department of Justice (DOJ) recently announced that, for fiscal year 2007, it recovered $2 billion in settlements and judgments in cases involving allegations of fraud against the Government. Of the $2 billion recovered, lawsuits brought by whistleblowers under the False Claims Act’s quitam provisions accounted for $1.45 billion. Health care fraud, including cases initiated by whistleblowers and cases initiated by the Government, accounted for $1.54 billion. Major Government contract-related recoveries included a record General Services Administration (GSA) settlement with Oracle Corporation, in which Oracle agreed to pay $98.5 million to resolve defective pricing allegations under a GSA Multiple Award Schedule contract. The Government also won a $90 million judgment against several companies who conspired to rig bids on Egyptian construction contracts financed by the U.S. Agency for International Development. The DOJ’s press release is available here.
Register now for your free, tailored, daily legal newsfeed service.
Questions? Please contact email@example.comRegister
False Claims Act
Popular articles from this firm
If you would like to learn how Lexology can drive your content marketing strategy forward, please email firstname.lastname@example.org.
Related topic hubs
Senior Counsel Labor & Employment
AECOM Technology Corporation
"I find the newsfeeds to be extremely beneficial as a means of keeping up with changes in the law. I've made a regular practice of sharing a number of the items with members of our HR staff. Please keep up the good work."