Louis Dreyfus Energy Unit Pays $4M To End FCA Allegations

Law360, New York (July 3, 2012, 8:05 PM EDT) -- An energy unit of French company Louis Dreyfus Group has paid more than $4 million to the U.S. Department of Justice to settle allegations that it violated the False Claims Act by falsely obtaining discounts under a natural gas contract, the agency said Tuesday.

Louis Dreyfus Energy Services, a Connecticut-based company that transports, trades and stores natural gas, allegedly failed to pay money owed on natural gas acquired from the U.S. Department of the Interior between December 2004 and March 2008, according to the DOJ....
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