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News
February 24, 2014

In the News Today – February 24, 2014

The False Claims Act “really encourages a lot of speculative litigation that unfortunately a lot of companies end up having to settle, because they are such an expensive type of case to litigate,” ILR Senior Vice President Matt Webb told the Pittsburgh Post-Gazette.

Credit Suisse agreed to pay $196 million to settle SEC charges that it failed to register with the agency. The bank admitted guilt in the case, becoming the fifth defendant to do so since the SEC modified its policy that allowed companies to ‘neither admit nor deny’ guilt during settlements. New York Times

The Delaware Supreme Court upheld the dismissal of a lawsuit against DuPont over alleged injuries at an Argentinian plant, finding that a lower court correctly ruled that Delaware was not the proper forum for the case. Associated Press

Supreme Court Qui Tam Action Blog Supreme Court to Review Qui Tam Action Dismissal Standards  False Claims Act (FCA) Blog Law 360 Expert Analysis: "False Claims Act Proposal Is Unfair And Would Hinder Economic Growth" False Claims Act (FCA) U.S. Department of Justice building in Washington D.C. News Reuters "Has An Investor-Backed FCA Whistleblower Reached The End of the Road?" False Claims Act (FCA) U.S. Department of Justice building in Washington D.C. Blog Flying Blind: Secret Funding in Government Lawsuits and What to Do About It False Claims Act (FCA), Third Party Litigation Funding (TPLF) News On Appeal, Justice Dept. Prevails In Bid To Dismiss Pharma Fraud Case False Claims Act (FCA)

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