The 2013 Tightening Of The NY False Claims Act

Law360, New York (January 8, 2014, 6:08 PM EST) -- ​The New York False Claims Act has been called the “False Claims Act on steroids.” And in many respects, the state statute lives up to its characterization — the statute was amended in 2010 to include liability for tax fraud specifically exempted under the federal statute, and also has a longer statute of limitations, a lower pleading standard for relators, and a narrower public disclosure bar.

In 2013 alone, the New York statute was again amended and new regulations were proposed to bring the state law...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.