Pharmacy, PE Fund Near Deal To End Feds' FCA Kickback Suit

Law360, Fort Lauderdale (July 1, 2019, 9:39 PM EDT) -- A compounding pharmacy and its private equity fund owner told a Florida federal court Monday that they're close to a settlement with the government that would bring a False Claims Act lawsuit over an alleged $70 million kickback scheme to a close.

At a hearing in Fort Lauderdale, U.S. District Judge Roy Altman agreed to stay the case for 30 days after attorneys for Diabetic Care Rx LLC, which does business as Patient Care America, and owner Riordan Lewis & Haden Inc. said they had been working hard at negotiations with the government and were close to a deal.

“We don’t...

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