- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-04-25T19:10:00
A Utah-based military equipment manufacturer agreed to pay $21.8 million to settle false claim charges levied by the Department of Justice (DOJ) regarding double-billing the Department of Defense (DOD) for certain parts.
L3 Technologies knowingly billed the DOD twice for nuts, bolts, and other common parts in dozens of contracts between 2008 and 2011, the DOJ said in a settlement agreement, filed Monday in U.S. District Court for the District of Utah.
In conjunction, the DOJ agreed to pay nearly $8 million to settle a lawsuit filed by L3 against the agency over breach of contract. The lawsuit alleged that in “an effort to prevent L3 from continuing to double-charge for common-stock items, the [DOD] improperly prohibited L3 from charging certain other costs,” the DOJ said.
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2023-06-02T19:18:00Z By Adrianne Appel
Tenet Healthcare, Vanguard Health Systems, and the Detroit Medical Center agreed to pay $29.7 million as part of a settlement with the Department of Justice addressing allegations they provided kickbacks to doctors who made referrals to their health organizations.
2023-05-18T18:57:00Z By Jeff Dale
A judge affirmed more than $487 million in penalties and damages against Precision Lens and its owner after a jury found they filed tens of thousands of false claims to Medicare and violated the Anti-Kickback Statute.
2023-05-12T18:48:00Z By Jeff Dale
Alaska-based telecommunications provider GCI Communications Corp. agreed to pay more than $40.2 million as part of a settlement agreement with the Department of Justice for alleged violations of the False Claims Act.
2025-05-20T12:30:00Z By Oscar Gonzalez
The U.S. Federal Trade Commission (FTC) took action against a pair of student loan debt relief companies for allegedly deceiving borrowers. The move came despite the Trump administration’s broader efforts to roll back enforcement actions against businesses since taking office.
2025-05-16T19:24:00Z By Oscar Gonzalez
After dismissing its lawsuit against the crypto exchange Coinbase in March, a second investigation into the exchange by the Securities and Exchange Commission has surfaced, according to a report from the New York Times. This comes as a bit of a surprise after the Trump administration has been scaling down ...
2025-05-16T14:16:00Z By Aaron Nicodemus
As the Consumer Financial Protection Bureau steps back from its core mission of protecting American consumers, states like New York and Pennsylvania are stepping up to fill the regulatory void.
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