With $2B J&J Deal, FCA Proves It's Still The Anti-Fraud King
By Greg Ryan (November 4, 2013, 8:51 PM EST) -- The U.S. Department of Justice's $2.2 billion settlement with Johnson & Johnson shows that, despite the recent attention heaped on whistleblower provisions in Dodd-Frank and similar laws, the False Claims Act remains the federal government's weapon of choice in extracting gargantuan settlements from companies that have allegedly committed fraud.
Announced Monday morning, the agreement resolves FCA claims that Johnson & Johnson promoted the antipsychotic drug Risperdal and two other medications for off-label uses and paid kickbacks to physicians and a large pharmacy provider.
The settlement is one of the largest in U.S. history involving health care fraud, but it is by no...
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