DOJ Cleared To Split Up $350M Shire Deal For Whistleblowers

Law360, Washington (November 21, 2017, 8:56 PM EST) -- A Florida federal judge signed off Monday on the U.S. Department of Justice's apportionment plans for payouts from a $350 million False Claims Act settlement with biotech company Shire, with two of six whistleblower suits getting more than 95 percent of the proceeds, which must still be tabulated.

U.S. District Judge James S. Moody Jr. approved the DOJ's proposal to allocate 55 percent of the settlement to the very first whistleblower suit while another 40 percent will go to the second lawsuit; the rest will be split up among the remaining four. Those allocations will determine how much each whistleblower, or...

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