May 21, 2024
Former prosecutors who pursued the $1 billion fraud trial against Outcome Health executives said Tuesday they never suspected their asset restraint efforts were an overreach, noting they lacked the expertise to notice potential mistakes themselves.
May 08, 2024
The U.S. government's overreach in restraining millions more than it could reasonably trace back to a $1 billion fraud by Outcome Health prevented the company's former CEO from hiring Quinn Emanuel Urquhart & Sullivan LLP attorneys to defend the charges like he originally wanted, an Illinois federal judge heard Wednesday.
March 21, 2024
An Illinois federal judge said Thursday that he wouldn't disturb three former Outcome Health executives' convictions for carrying out a massive billion-dollar fraud scheme to grow their health advertising business, saying the jury heard enough evidence to support its verdict.
August 14, 2023
An Illinois federal judge unfroze $5 million in assets held by former Outcome Health CEO Rishi Shah, noting in his order that prosecutors had conceded the money was not related to the criminal fraud Shah was convicted of in April.
August 01, 2023
The U.S. government and former Outcome Health head Rishi Shah should explore a compromise for handling nearly $5 million that shouldn't have been tied up before his $1 billion fraud conviction, given Shah's murky financial picture and a lack of direct case precedent, an Illinois federal judge said Tuesday.
June 16, 2023
Outcome Health's former CEO is pushing back against prosecutors' bid to seize capital investments and other property to satisfy a $55 million money judgment and significant restitution obligation they're seeking following his fraud conviction, telling an Illinois federal judge the government cast too wide and too premature a net for such forfeiture.
April 11, 2023
An Illinois federal jury convicted three former Outcome Health executives of fraud Tuesday in what prosecutors said was a billion-dollar scheme to grow the health advertising business by lying about its inventory and value while silencing employees who raised concerns.
April 05, 2023
The U.S. government on Wednesday blasted a bid by three former Outcome Health executives to convince an Illinois jury they weren't part of a nearly $1 billion fraud scheme, asserting the company was built on a lie "and no one knew it better" than them.
March 29, 2023
Outcome Health's former CEO shouldn't be convicted of lying about inventory and revenue to grow his health advertising business because the company's problems came from an employee who was operating on a "fraud island" and hiding it from executives, an Illinois jury heard Wednesday.
March 28, 2023
Three former Outcome Health executives who purposely oversold health advertising to pharmaceutical companies should be convicted for selling the future without ever disclosing to clients that they couldn't meet demands of the present, federal prosecutors told an Illinois jury Tuesday.