Archive for the ‘Whistle-Blowers’ Category

Glaxo Settles Off-label Marketing and Medicare Fraud Cases with U.S. for $3 Billion

Posted on November 3rd, 2011 by Sam Kauffman

GlaxoSmithKline PLC said it will pay the U.S. government $3 billion to settle several long-running criminal and civil investigations into the company, including allegations that Glaxo marketed some drugs illegally and defrauded the Medicaid program. http://on.wsj.com/sAal3L

Federal Bounties for Whistle-Blowers

Posted on July 21st, 2010 by David Smith

Today, President Obama will sign the financial reform bill passed by Congress.  One of the little known provisions of the law allows whistle-blowers to recover a bounty for disclosing securities violations committed by their employers.  This new law may create new challenges and risks for companies operating in the US. (more…)