Constantine Cannon Partner Gordon Schnell Featured in Forbes on the Boeing Whistleblower Saga and the Need for Greater Protections for Aviation Whistleblowers

By |2024-05-03T22:00:46+00:00May 3, 2024|ICOs|

Recently, Boeing whistleblowers have been speaking up about concerns surrounding the design and manufacturing of Boeing aircrafts. Despite Boeing’s denial of retaliation against the whistleblowers, according to a recent article in Forbes, they revealed faults in Boeing’s ‘Speak Up’ policy. These issues not only highlight challenges within Boeing but also [...]

Payments News Update – May 3, 2024

By |2024-05-03T14:01:08+00:00May 3, 2024|ICOs|

Legal and Regulatory Developments SPOTLIGHT: Major US Retailers Blast Mastercard, Visa Card Fees Settlement Reuters – April 29, 2024 Target, Walmart, and other retailers have urged a U.S. judge to reject a proposed class-action settlement with Visa and Mastercard over credit and debit card fees, saying the accord does not [...]

Consolidated Nuclear Security Settles False Claims Act Claims for $18.4 Million

By |2024-04-26T16:57:38+00:00April 26, 2024|ICOs|

The DOJ recently announced that Consolidated Nuclear Security (“CNS”), a company that contracted with the government to manage and operate a site for the National Nuclear Security Administration, paid over $18 million to settle False Claims Act claims. According to the settlement agreement, the government contended that CNS submitted claims [...]

Payments News Update – April 26, 2024

By |2024-04-26T13:57:21+00:00April 26, 2024|ICOs|

Legal and Regulatory Developments SPOTLIGHT: CFPB Internal Shakeup to Supercharge Fintech, Big Bank Cops Bloomberg Law – April 19, 2024 (subscription may be required) The Consumer Financial Protection Bureau’s enforcement and supervision teams, including those overseeing financial technology firms and other nonbank lenders, will soon get a direct line to [...]

HHS Inspector General Reiterates Commitment to Combating Healthcare Fraud, Highlights Areas of Focus

By |2024-04-23T19:06:54+00:00April 23, 2024|ICOs|

Last week, Christi Grimm, the Inspector General of the U.S. Department of Health and Human Services (HHS), testified before the House Subcommittee on Oversight and Investigations.  The subcommittee hearing, aptly titled “Examining How Improper Payments Cost Taxpayers Billions and Weaken Medicare and Medicaid,” focused on recent efforts to combat healthcare [...]

SCG Plastics Pays $20 Million to Settle OFAC Charges of Iran Sanctions Violations

By |2024-04-23T16:58:11+00:00April 23, 2024|ICOs|

Last Friday (April 19), the Department of Treasury’s Office of Foreign Assets Control (OFAC) announced that SCG Plastics Co., part of a Bangkok-based multinational enterprise, agreed to pay $20 million to settle charges it violated OFAC sanctions on Iran.  Specifically, the government claimed SCG Plastics caused U.S. financial institutions to [...]

Government Puts Out the Call for Antitrust Healthcare Whistleblowers

By |2024-04-19T13:58:58+00:00April 19, 2024|ICOs|

The government is looking for whistleblowers with inside information of anticompetitive conduct in the healthcare markets.  This comes from DOJ’s announcement yesterday (April 18), in conjunction with the Federal Trade Commission (FTC) and Department of Health and Human Services (HHS), of the government’s launch of “an easily accessible online portal [...]

Payments News Update – April 19, 2024

By |2024-04-19T13:02:08+00:00April 19, 2024|ICOs|

Legal and Regulatory Developments SPOTLIGHT: ANTITRUST—E.D.N.Y.: 7-Eleven, Home Depot Claims Against Visa Defendants Survive Summary Judgment VitalLaw – April 15, 2024 Although 7-Eleven and Home Depot claims survived, the court deemed the equitable relief class debit monopolization claim “economically senseless” while their credit monopolization claim lacked necessary evidence about both [...]

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