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
Archive for the ‘Whistle-Blowers’ Category
Glaxo Settles Off-label Marketing and Medicare Fraud Cases with U.S. for $3 Billion
Federal Bounties for Whistle-Blowers
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…)
TAGS: Fraud, Health Care, Uncategorized, Whistle-Blowers