John Deere FCA Suit Tossed For Relying On Public Info

Law360, New York (November 4, 2011, 2:17 PM EDT) -- Ruling the allegations were based on public information, a federal judge in Washington state on Thursday tossed a qui tam suit alleging Deere & Co. fraudulently issued $2 billion in senior unsecured debt under the U.S. government’s emergency liquidity program.

U.S. District Judge Rosanna M. Peterson granted a motion to dismiss False Claims Act litigation against the maker of John Deere equipment, its lending unit and two other subsidiaries. Plaintiff Jose Cervantes, the owner of an orchard and vineyard business that defaulted on company-issued credit, brought...
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