Jury Clears Student Lender In $350M FCA Suit

Law360, Washington (December 5, 2017, 8:57 PM EST) -- A Virginia federal jury entered a verdict Tuesday completely clearing a Pennsylvania-based student loan provider accused of improper billing practices under the False Claims Act, which could have cost the provider $350 million had the verdict gone the other way.

The eight-person jury unanimously entered the verdict in favor of the Pennsylvania Higher Education Assistance Agency and against whistleblower and former Department of Education employee Jonathan Oberg, who’d accused PHEAA of bilking the government to the tune of $116.5 million, which would have been tripled under...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Oberg v. Nelnet, Inc. et al


Case Number

1:07-cv-00960

Court

Virginia Eastern

Nature of Suit

Other Statutory Actions

Judge

Claude M. Hilton

Date Filed

September 21, 2007

Law Firms

Companies

Judge Analytics

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.