Oracle To Pay Record $200M To End Software FCA Suit

Law360, New York (October 6, 2011, 7:02 PM EDT) -- Oracle Corp. agreed on Thursday to pay nearly $200 million to settle a former employee's whistleblower lawsuit claiming it defrauded the government on a software contract with the U.S. General Services Administration — the largest-ever settlement of a False Claims Act suit involving the GSA.

The record settlement resolves a suit originally lodged in 2007 by former Oracle employee Paul Frascella, who accused the computing giant of overcharging the GSA by hundreds of millions of dollars from 1998 to 2006 under a software contract that required...
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