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  • Article

    Morgan Stanley And Natixis Win Dismissal Of RMBS Claims

    Justice Friedman ruled that all claims against Natixis were barred by the statute of limitations for fraud in New York, finding that Plaintiffs could have discovered the alleged fraud at least two years prior to filing.
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    New York Appellate Court Affirms Motion To Dismiss RMBS Complaint Against Morgan Stanley

    The Appellate Division, First Department, of the New York State Supreme Court affirmed a trial court order granting Morgan Stanley's motion to dismiss claims brought by Dexia SA's subsidiary FSA Asset Management LLC.
    United StatesFinance and Banking
    Orrick
    Orrick
Article

SEC Proposes New Rule for Swaps

The Securities and Exchange Commission (SEC) recently proposed a new rule under Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act which would prohibit fraud, manipulation, and deception in connection with the offer, purchase or sale of any security-based swap, in the same way that general anti-fraud provisions apply to all securities, and also reach misconduct in connection with the ongoing payments and deliveries of such swaps.
United StatesFinance and Banking
Proskauer Rose LLP
Proskauer Rose LLP
  • Article

    Second Circuit Overturns Fraud Judgment Against Bank Of America And Former Countrywide Executive

    On May 23, 2016, a three-judge panel of the Second Circuit Court of Appeals overturned a judgment of fraud against Bank of America, Countrywide, and former Countrywide executive Rebecca Mairone in U.S. v Countrywide Home Loans, Inc.
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    US Securities And Exchange Commission Charges BNY Mellon With Foreign Corrupt Practices Act Violations

    According to the order, BNY Mellon did not evaluate or hire the family members through its existing, highly competitive internship programs that have rigorous hiring standards.
    United StatesFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    An Effective Compliance Program Is As Important As Ever

    As evidence that even individual physicians can be held to account for improper conduct, Modern Healthcare reports this week about an Ohio cardiologist who has been sentenced to 20 years in prison for overbilling.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Fox Rothschild LLP
    Fox Rothschild LLP
  • Article

    CMS Extends Medicare Prior Authorization For Power Mobility Devices Demonstration Through August 2018

    CMS has announced that it is extending its Medicare Prior Authorization for Power Mobility Devices (PMDs) demonstration for three years, through August 31, 2018.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Reed Smith
    Reed Smith
  • Article

    DOJ Recouped $2.4 billion In Health Care Industry False Claims Act Settlements In FY 2017

    The DOJ notes that 669 qui tam suits were filed this past year.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Reed Smith
    Reed Smith
  • Article

    DOJ Win on ACA 60-Day Overpayment Rule In Kane v. Healthfirst FCA Case

    In a post on our Life Sciences Legal Update blog here, we discuss the first judicial opinion interpreting the Affordable Care Act's "60-Day Overpayment Rule" in a False Claims Act case...
    United StatesFood, Drugs, Healthcare, Life Sciences
    Reed Smith
    Reed Smith
  • Article

    GAO Calls For Expanded State Reporting On Medicaid Prescription Drug Fraud Controls

    In light of continuing indicators of potential prescription-medication fraud and abuse in state Medicaid programs, the Government Accountability Office (GAO) has reviewed federal and state pharmacy-related policies...
    United StatesFood, Drugs, Healthcare, Life Sciences
    Reed Smith
    Reed Smith
  • Article

    GAO Calls For Tighter Medicaid Fraud Controls

    A recent GAO review of Medicaid claims in four selected states discovered that thousands of Medicaid beneficiaries and hundreds of providers were involved in potentially improper or fraudulent payments during FY 2011.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Reed Smith
    Reed Smith
  • Video

    Government's Health Care Fraud "Cash Cow" Keeps Mooing (Video Content)

    The U.S. government has changed up its approach to criminal health care fraud prosecutions and this new tactic has proven to be a cash cow.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Foley & Lardner LLP
    Foley & Lardner LLP
  • Article

    HHS OIG Invites Suggestions For New Fraud Alerts, Anti-Kickback Safe Harbors

    On December 23, 2015, the Office of Inspector General (OIG) of the Department of Health and Human Services (HHS) published its annual notice soliciting recommendations for new or modified, safe harbor provisions...
    United StatesFood, Drugs, Healthcare, Life Sciences
    Reed Smith
    Reed Smith
  • Article

    Massive Healthcare Fraud Takedown

    U.S. Attorney General Loretta E. Lynch and Department of Health and Human Services Secretary Sylvia Mathews Burwell announced that the Medicare Fraud Strike Force (MFSF) arrested approximately 300 people, including 61 doctors, nurses and other licensed medical professionals, in 36 federal districts.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Day Pitney LLP
    Day Pitney LLP
  • Article

    Obama Administration Cites Record-Breaking Health Fraud Recoveries Under Joint DOJ-HHS Program

    Federal health care fraud prevention and enforcement efforts resulted in the recovery of a record $4.3 billion in FY 2013.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Reed Smith
    Reed Smith
  • Article

    OIG Increases Its Focus on Physicians for Home Health Fraud

    In an alert issued on June 22, the Office of Inspector General (OIG) of the U.S. Department of Health and Human Services clearly announced its increased enforcement focus on physicians who have improper arrangements with home health agencies.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Day Pitney LLP
    Day Pitney LLP
  • Article

    OIG Issues Special Fraud Alert On Lab Payments To Referring Physicians

    The HHS OIG issued a Special Fraud Alert highlighting its concerns regarding two trends involving transfers of value from laboratories to physicians.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Reed Smith
    Reed Smith
  • Article

    OIG Report Highlights MFCU Achievements

    The OIG has released its Medicaid Fraud Control Units Fiscal Year 2015 Annual Report, which compiles data on investigations and prosecutions by the 50 MFCUs.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Reed Smith
    Reed Smith
  • Article

    OIG Self-Disclosure Program For Federal Contractors

    The OIG has posted guidance which provides a means for contractors to self-disclose potential violations of the False Claims Act and federal criminal laws.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Reed Smith
    Reed Smith
  • Article

    VA And HHS Team Together To Combat Health Care Fraud, Waste, And Abuse

    The Department of Veterans Affairs (VA) and the Centers for Medicare & Medicaid Services (CMS) have announced a partnership to leverage CMS's program integrity tools to detect and prevent fraud within VA programs.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Reed Smith
    Reed Smith
  • Showing 241–260 of 9609 results

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