We’re rolling out our slew of Top-10 lists covering whistleblower cases, government enforcement actions, and recoveries from 2024. Over the past year, we engaged with a vast number of interesting topics, government updates, and fraud settlements originated by whistleblowers, several represented by Constantine Cannon. As we look back at 2024, [...]
It was not necessarily the biggest year for Securities and Exchange Commission (SEC) securities fraud recoveries, with only a handful in the hundred-million-dollar range and only one in the billions. But it was a very active year nonetheless, with the SEC under Gary Gensler pursuing a very aggressive approach to [...]
Legal and Regulatory Developments SPOTLIGHT: Tech Groups Sue to Block CFPB Rule Targeting Apple, Google Bloomberg Law – January 16, 2025 A pair of trade groups representing Facebook parent Meta Platforms Inc., Apple Inc., and Google parent Alphabet Inc. sued to block a Consumer Financial Protection Bureau rule that’s set [...]
Constantine Cannon represented a whistleblower alleging Indiana-based Community Health Network violated the False Claims Act and Stark Law by paying physicians exorbitant salaries in exchange for referrals to Community Health facilities. In December 2024, Community Health agreed to pay $135 million to settle the matter. This was in addition to the $345 million [...]
As was evident from our recent posts on the 2024 Top 10 False Claims Act Recoveries and Top 10 False Claims Act Recoveries In Healthcare, the majority of False Claims Act recoveries routinely involve healthcare fraud. In fact, since 1986 — when the statute was amended to significantly increase the [...]
The Securities and Exchange Commission (SEC) swooped in once again to investigate Anti-Money Laundering violations in companies that think they’re being slick. On January 17, the SEC announced several charges against the broker-dealer and investment adviser, LPL Financial LLC, for failures associated with its AML program. To resolve the SEC’s [...]
As we noted in our Top 10 False Claims Act Recoveries post, it was another big year of recoveries under the False Claims Act. As usual, the majority of recoveries occurred in cases involving healthcare fraud. As the Department of Justice (DOJ) just reported in its annual roundup of False [...]
The Indiana-based Community Health Network (“Community”) will pay an additional $135 million to resolve a False Claims Act case involving Stark Law violations initiated by a whistleblower Constantine Cannon represented. The $135 million settlement marks the final resolution of a 2014 False Claims Act case brought by whistleblower Thomas P. [...]
The government has already ramped up its efforts in 2025 to tackle cryptocurrency fraud and associated money laundering schemes with several recent enforcement actions. Cybercriminals exploit digital currency investment hopefuls. Their scams come in myriad forms such as ransomware attacks and virtual currency thefts, and the criminals use complex tactics [...]
It was another big year of recoveries under the False Claims Act, the government’s primary enforcement tool to combat fraud. And as usual, whistleblowers paved the way by originating the bulk of the actions that led to these recoveries. As the Department of Justice (DOJ) just reported in its annual [...]
