Legal and Regulatory Developments SPOTLIGHT: Trying to Revive the CCCA, Durbin and Marshall Look to Make It an Amendment to the GENIUS Act Digital Transactions News – May 21, 2025 Sponsors of the Credit Card Competition Act moved late Tuesday to attach the legislation as an amendment to the GENIUS [...]
By the Constantine Cannon Whistleblower Team There appear to be no limits to what the wonders of artificial intelligence (AI) may bring. We are already seeing significant advances in medicine, science, technology, and communications prompted by the power of AI. But there is also a serious downside to this revolutionary [...]
By the Constantine Cannon Whistleblower Team On May 9, the government announced that Assertio Therapeutics Inc., (formerly Depomed Inc.) (“Assertio”), agreed to pay $3.6 million to resolve False Claims Act allegations stemming from its marketing of Lazanda, its transmucosal immediate-release fentanyl (TIRF) drug. This case was initiated by whistleblowers.[1] Lazanda is [...]
By the Constantine Cannon Whistleblower Team As we previously reported, former Boeing quality control manager John Barnett committed suicide during the week Boeing was deposing him in his whistleblower retaliation action against the company. We further reported how Barnett’s family brought a wrongful death action against Boeing, claiming it was responsible [...]
By the Constantine Cannon Whistleblower Team On May 5, the government announced that the restaurant chain CoreLife Eatery, LLC admitted to misrepresenting its eligibility for pandemic relief funds. The business, which operates locations in Illinois, Kentucky, Ohio, Pennsylvania, and New York, agreed to pay $7,809,373 to resolve allegations that it violated [...]
By the Constantine Cannon Whistleblower Team Last summer, the Department of Justice (DOJ) launched its Corporate Whistleblower Awards Pilot Program to focus on criminal activity that generally falls outside the major established whistleblower rewards programs such as the False Claims Act and the SEC, CFTC, FinCEN, and IRS whistleblower programs. Other than some additional guidance on the [...]
Legal and Regulatory Developments SPOTLIGHT: FTC Holds off on Enforcing ‘Click to Cancel’ Subscription Rule PYMNTS – May 11, 2025 What if canceling a subscription were as easy as signing up for one? That was the thinking behind the Negative Option Rule — more popularly known as the “click to [...]
By the Constantine Cannon Whistleblower Team On May 5, the DOJ announced that Credit Suisse Services AG pleaded guilty and agreed to pay over $510 million to resolve allegations that it conspired to help wealthy Americans evade taxes through secret offshore accounts from 2010 through 2021. The whistleblowers who revealed the [...]
By the Constantine Cannon Whistleblower Team On April 23, the government announced that Genexe LLC, its marketing company Immerge, Inc., and two of its owners, Jason Green and Jason Gross, will pay $6 million to settle allegations that they violated the False Claims Act and Anti-Kickback Statute. The now-defunct Genexe once [...]
By the Constantine Cannon Whistleblower Team On April 22, 2025, the Securities and Exchange Commission charged Ramil Palafox, the founder of PGI Global, with orchestrating a $198 million fraud scheme that preyed upon international investors. He also allegedly misappropriated over $57 million of investor funds to purchase luxury items, including Lamborghinis. [...]
