The pharmaceutical industry’s main trade group spent more than $6.9 million lobbying during the first three months of this year. Its main focus was health care reform, according to a r... Read more
A whistleblower case that has been in the courts for 15 years, filed by a former employee against Healthways, Inc., has been settled for approximately $40,000,000. The case was filed in June... Read more
Chipmaker Marvell Technology Group Ltd. will pay $72 million to settle a shareholder lawsuit. It appears the company has settled the final outstanding shareholder lawsuit related to its past... Read more
New York lawyer Marc Dreier has pleaded guilty to charges of defrauding hedge funds of about $700 million, according to the U.S. Attorney for the Southern District of New York. Dreier pleade... Read more
Home-buyers filed suit last month against KB Home in federal court in Phoenix, Arizona, claiming the builder conspired with Countrywide Financial to inflate appraisals for home sales in Ariz... Read more
WellCare Health Plans Inc. will pay $80 million to settle a Florida Medicaid fraud investigation. A management shake-up and the restatement of more than three years of the company’s ea... Read more
MASSACHUSETTS SETTLES BID-RIGGING SUIT AGAINST GREAT AMERICAN INSURANCE Massachusetts Attorney General Martha Coakley has settled a bid-rigging lawsuit for her state against Ohio-based Great... Read more
A federal court in Massachusetts has given preliminary approval to a settlement in a case involving false drug prices by a drug wholesaler. The total settlement of the suit is $350 million.... Read more
There have been a number of significant developments recently in whistleblower lawsuits. I will mention a few of them below. NORTHROP GRUMMAN-TRW WHISTLE-BLOWER CASE SETTLED In one of the na... Read more
The State of California has accused Wells Fargo & Co. of fraud for the company’s role in an investment meltdown that has been compared in magnitude to the Bernard Madoff scandal.... Read more
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