RMI To Pay $1M To End FCA Allegations

Law360, New York (October 29, 2010, 7:36 PM EDT) -- Rocky Mountain Instrument Co., a manufacturer of optical devices for laser and imaging systems, has agreed to pay $1 million to resolve civil allegations that it violated the False Claims Act, in addition to a criminal penalty issued in a related case earlier in 2010.

The Lafayette, Colo.-based company reached a settlement with the U.S. Department of Justice that puts to rest claims that RMI caused defense contractors to make false claims for payment to the Pentagon, the DOJ announced Friday.

RMI was accused of submitting...
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