Whistleblower News from the Inside - May 20, 2014
Posted 05/20/14
By the C|C Whistleblower Lawyer Team
Credit Suisse agrees to guilty plea for criminal wrongdoing and $2.6B fine -- It is the first major bank to do so since Drexel Burnham Lambert in 1989. NYT
Former WellCare CEO Todd Farha sentenced to 3 years of prison for Medicaid fraud – The sentence comes on the heels of the company’s $137M whistleblower qui tam settlement and $80M settlement of a criminal...
By
By the C|C Whistleblower Lawyer Team
This week's Department of Justice fraud "catch of the week" goes to student loan giant Sallie Mae and its former loan-servicing arm, Navient Solutions. On Tuesday, the companies agreed to pay nearly $100 million to settle allegations that they violated the Servicemembers Civil Relief Act (SCRA) by charging members of the military excessive interest rates and late fees on student...
By the C|C Whistleblower Lawyer Team
This week's False Claims Act "Catch of the Week" goes to Baptist Health Systems Inc., a network of affiliated hospitals and medical providers in the Jacksonville, Florida area. On Tuesday, the company agreed to pay $2.5 million to settle allegations that its subsidiaries violated the False Claims Act by submitting claims to Medicare and Medicaid for medically unnecessary...
By