An Eye On Revising The FCA

Law360 (January 9, 2009, 12:00 AM EST) -- Congress has not made significant changes to the federal False Claims Act[1] (“the FCA”) in more than 20 years. Even so, the federal government has used the Act effectively to recoup over $21 billion during that time period.

During Fiscal Year 2008 alone, the federal government collected some $1.34 billion, with a large portion of those collections coming from pharmaceutical manufacturers.

These 2008 recoveries follow total recoveries in Fiscal Year 2007 of $2 billion, which included $311 million from five companies that accounted for nearly 95...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.