The DOJ recently revised the Justice Manual to reinstate previous agency policy on how it will enforce FCA cases moving forward, and when it will seek to dismiss whistleblower actions.
United States
Posted inTop Stories
Abbott to pay almost $385M in DOJ settlement over infant formula plant allegations
Abbott Laboratories will pay nearly $385 million to settle allegations, first brought by whistleblowers, that two of its infant formula plants had unsanitary conditions that did not comply with federal and state regulations, the DOJ announced.
Posted inWhistleblowers
More whistleblowers to receive 30 percent awards, CFTC says of rule changes
The U.S. Commodity Futures Trading Commission (CFTC) approved updates to its whistleblower rules designed to encourage participation by making it easier for more whistleblowers to receive 30 percent awards.
Posted inRegulatory Enforcement
Alcohol distributor pays $12.5M and ups compliance game in DOJ non-prosecution
A U.S. alcohol distributor has agreed to pay $12.5 million and make substantial compliance improvements to resolve allegations that the company and its executives made improper payments to retailers as bribes for business, the DOJ has announced.
Posted inAccounting & Auditing
New audit quality control standard amended to reduce compliance burden
Important revisions to the new audit quality control QC 1000 standard have been announced by the Public Company Accounting Oversight Board. The intention is to increase flexibility for audit firms and reduce compliance costs.
Posted inFinancial Services
Statement by U.S. financial regulators clarifies confidentiality of suspicious activity filings
The federal Bank Secrecy Act does not prohibit financial institutions from speaking openly with customers who are the subjects of official SARs, according to a clarifying statement issued by U.S. financial regulators Wednesday.
Posted inRegulatory Enforcement
Compliance implications of the National Fraud Enforcement Division
Eight months after the Trump Administration announced the establishment of a whole-of-government National Fraud Enforcement Division, many in the legal and compliance community are still left speculating about its purpose and scope of enforcement authority.
Posted inRegulatory Enforcement
Honeywell Aerospace pays $2M to settle false claims allegations
Honeywell Aerospace has agreed to pay more than $2 million to settle allegations that the company failed to comply with cybersecurity requirements in a contract with the U.S. Department of Defense, a case first brought by a whistleblower.
Posted inData Privacy
Meta reaches $18B settlement with states over child safety violations
Meta has agreed to pay up to $18 billion and overhaul teen safety features on Facebook and Instagram as part of a settlement with 47 states, the District of Columbia, and U.S. territories.
Posted inRegulatory Policy
Deloitte agrees to pay U.S. government $21.5 million to settle alleged DEI discrimination
Professional services firm Deloitte has agreed to pay the U.S. government $21.5 million to settle a case alleging that the firm’s employment practices were discriminatory.
