Qui tam

Baron & Budd Obtains $2.5 Million Settlement from ADCO Industries for Evading Customs Duties

Retrieved on: 
Wednesday, December 6, 2023
Public Policy, Government, Legal, White House, Federal Government, Accounting, Professional Services, Logistics, Supply Chain Management, Transport, Trump administration farmer bailouts, Baron, Legislation, Federation, Justice, Fraud, Baron & Budd, P.C., False Claims Act, United, Presidency of Donald Trump, ADCO, Customs, Knowledge, Qui tam, Trump, Education, Pharmaceutical industry

Although these are commonly referred to as the “Trump tariffs,” the Biden Administration generally has kept these increased tariffs and duties in place.

Key Points: 
  • Although these are commonly referred to as the “Trump tariffs,” the Biden Administration generally has kept these increased tariffs and duties in place.
  • The Qui Tam attorneys at Baron & Budd are actively working with the U.S. Department of Justice on customs fraud cases.
  • Potential whistleblowers with knowledge of customs fraud might be company insiders working in logistics, bookkeeping, and accounts receivable, or customs import brokers.
  • This is often a tell-tale sign that a company is fraudulently reducing its customs duties owed to the government.

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on FIGS, Inc. (NYSE: FIGS)

Retrieved on: 
Wednesday, September 7, 2022
Financial Industry Regulatory Authority, COVID-19, CRD, Dow, Blistering, Advertising, NYSE, Research, Acquisition, Bureau of Labor Statistics, Humboldt Hill, California, Time, Atlantic Film Festival, Infection, IPO, Adjustment, DTC, Silver, Qui tam, SPI, Lululemon Athletica, Leadership, Company, Color, COGS, News, LLC, Barco, CAC, Industry, Growth, Environment, Geography, Review, Record, Marketing, Pharmaceutical industry, Public relations, Athleta

Download or view the report by visiting www.SprucePointCap.com and follow us on Twitter @SprucePointCap for additional information and important updates.

Key Points: 
  • Download or view the report by visiting www.SprucePointCap.com and follow us on Twitter @SprucePointCap for additional information and important updates.
  • As a reminder, our full report, along with its investment disclaimers, can be downloaded and viewed at www.SprucePointCap.com .
  • Spruce Point Capital Management, LLC is a forensic fundamentally-oriented investment manager that focuses on short-selling, value and special situation investment opportunities.
  • Spruce Point Capital Management, LLC is a member of the Financial Industry Regulatory Authority, CRD number 288248.

Hoyer Law Group Whistleblower Client Helps Uncover $500,000 Military Housing Fraud

Retrieved on: 
Friday, January 21, 2022
Flo, Man, Government, Maxwell Air Force Base Senior Officers' Quarters Historic District, Dover Air Force Base, Housing, Community, PLLC, Poole and Hunt Company Buildings, False Claims Act, Qui tam, Employment, District, Risk, Fraud, Ethnic minorities in the U.S. armed forces during World War II, Woman, Pharmaceutical industry, Private investigator, Hunting

TAMPA, Flo., Jan. 21, 2022 /PRNewswire/ -- Hoyer Law Group, PLLC, is pleased to announce the $500,000 settlement of a case brought on behalf of whistleblower Christine Kibler.

Key Points: 
  • TAMPA, Flo., Jan. 21, 2022 /PRNewswire/ -- Hoyer Law Group, PLLC, is pleased to announce the $500,000 settlement of a case brought on behalf of whistleblower Christine Kibler.
  • Hoyer Law Group founding partner Jesse Hoyer Estes had the privilege of representing Ms. Kibler when she courageously came forward to expose the fraud she observed at Dover Air Force Base during her time as a Community Director for Hunt Companies.
  • During the first days of her employment, Ms. Kibler noticed mold, fire safety issues, ventilation issues, and water leaks in the housing on the base.
  • "The men and women who live in military housing deserve prompt and professional maintenance service from companies such as Hunt.

Lost Money in Lightspeed Commerce Inc.?

Retrieved on: 
Tuesday, November 30, 2021
Legal, Professional Services, Total, Qui tam, The Motley Fool, IPO, Q2, Prospectus, Woman, Lawyer, NASDAQ, Growth, Humboldt Hill, California, Private investigator, Renewable energy

Shares of Lightspeed Commerce Inc. dropped 12% on September 29, 2021, after a Spruce Point Capital Management report claimed Lightspeed massively overstated its customer count and aggressively promoted other misleading metrics to hide poor revenue growth.

Key Points: 
  • Shares of Lightspeed Commerce Inc. dropped 12% on September 29, 2021, after a Spruce Point Capital Management report claimed Lightspeed massively overstated its customer count and aggressively promoted other misleading metrics to hide poor revenue growth.
  • Gibbs Law Group is investigating a potential Lightspeed Securities Class Action Lawsuit on behalf of investors who lost money in Lightspeed (NASDAQ: LSPD).
  • On Wednesday, September 29, 2021, short firm Spruce Point Capital Management released a report denouncing commerce platform company Lightspeed for allegedly misleading investors by inflating its growth prospects.
  • For example, the report claims Lightspeed overstat[ed] its customer count by 85% before it IPOd in September 2020.

Lost Money in Lightspeed Commerce Inc.?

Retrieved on: 
Friday, November 19, 2021
Legal, Professional Services, Total, Qui tam, The Motley Fool, IPO, Q2, Prospectus, Woman, Lawyer, NASDAQ, Growth, Humboldt Hill, California, Private investigator, Renewable energy

Shares of Lightspeed Commerce Inc. dropped 12% on September 29, 2021, after a Spruce Point Capital Management report claimed Lightspeed massively overstated its customer count and aggressively promoted other misleading metrics to hide poor revenue growth.

Key Points: 
  • Shares of Lightspeed Commerce Inc. dropped 12% on September 29, 2021, after a Spruce Point Capital Management report claimed Lightspeed massively overstated its customer count and aggressively promoted other misleading metrics to hide poor revenue growth.
  • Lightspeed then plummeted as much as 30% in intraday trading on November 4, 2021 after its quarterly report offered weak guidance.
  • A Lightspeed Securities Class Action Lawsuit has been filed, and investors who lost money in Lightspeed (NASDAQ: LSPD) are encouraged to contact Gibbs Law Group for more information about their legal rights and options for participation.
  • On Wednesday, September 29, 2021, Spruce Point Capital Management issued a report denouncing commerce platform company Lightspeed for allegedly misleading investors by inflating its growth prospects.

Lost Money in Lightspeed Commerce Inc.?

Retrieved on: 
Saturday, November 6, 2021
Legal, Professional Services, Humboldt Hill, California, Qui tam, Prospectus, Lawyer, NASDAQ, Growth, Q2, IPO, The Motley Fool, Woman, Total, Private investigator, Renewable energy

Shares of Lightspeed Commerce Inc. dropped 12% on September 29, 2021, after a Spruce Point Capital Management report claimed Lightspeed massively overstated its customer count and aggressively promoted other misleading metrics to hide poor revenue growth.

Key Points: 
  • Shares of Lightspeed Commerce Inc. dropped 12% on September 29, 2021, after a Spruce Point Capital Management report claimed Lightspeed massively overstated its customer count and aggressively promoted other misleading metrics to hide poor revenue growth.
  • Gibbs Law Group is investigating a potential Lightspeed Securities Class Action Lawsuit on behalf of investors who lost money in Lightspeed (NASDAQ: LSPD).
  • On Wednesday, September 29, 2021, short firm Spruce Point Capital Management issued a report denouncing commerce platform company Lightspeed for allegedly misleading investors by inflating its growth prospects.
  • For example, the report claims Lightspeed overstat[ed] its customer count by 85% before it IPOd in September 2020.

Lex Machina Releases 2021 False Claims Litigation Report

Retrieved on: 
Thursday, October 28, 2021
Judgement, Research, RELX, State government, McKesson Corporation, Accusative case, Health care, Person, Lawyer, View, False Claims Act, Government, Qui tam, Software, Johnson & Johnson, Morgan, Lewis & Bockius, Silicon, Partner, Multimedia, Lexis, Mintz, Lex Machina, Forest Law Enforcement and Governance Program, Specialization, AI, Pharmaceutical industry, Practice of law, Online gambling, Public relations, Cryptocurrency

MENLO PARK, Calif., Oct. 28, 2021 /PRNewswire/ --Today, Lex Machina and LexisNexis release their False Claims Litigation Report, which covers False Claims litigation trends in federal district court.

Key Points: 
  • MENLO PARK, Calif., Oct. 28, 2021 /PRNewswire/ --Today, Lex Machina and LexisNexis release their False Claims Litigation Report, which covers False Claims litigation trends in federal district court.
  • False Claims litigation includes cases in federal district court in which the federal or state government, or a relator on behalf of the government, alleged a violation of the False Claims Act or an equivalent false claims state statute that imposes civil liability on persons and companies who defrauded government programs.
  • There are backdated False Claims cases that are currently sealed, and as they are unsealed, they will cause recent years' filing numbers of False Claims cases to increase.
  • View an infographic representation of the report here: https://lexmachina.com/resources/infographic-false-claims-report/
    Register here for a copy of the report: https://pages.lexmachina.com/2021-False-Claims-Report_LP.html
    Lex Machina hosted a webcast to discuss the report on October 28, 2021 at noon ET/9am PT with Brenna Jenny (Partner at Sidley), Laurence Freedman (Partner at Mintz), and Ellen Chen (author of the report and Legal Data Expert at Lex Machina), with moderator Neil Magenheim (Director of Client Relations at Lex Machina).

US Customs Duty Whistleblower Lawsuit Settles for $6 million

Retrieved on: 
Thursday, July 29, 2021
Articles, Law, Civil rights and liberties, Common law, Qui tam, United States law, Writs, False Claims Act, Whistleblower, Oetken, Kohn, Kohn & Colapinto, James, Hoyer, Newcomer & Smiljanich, P.A.

The settlement resolves a False Claims Act lawsuit against Joseph Bailey and his two New York City companies, Stargate Apparel, Inc. and Rivstar Apparel, Inc.

Key Points: 
  • The settlement resolves a False Claims Act lawsuit against Joseph Bailey and his two New York City companies, Stargate Apparel, Inc. and Rivstar Apparel, Inc.
  • The case began with the filing of a qui tam whistleblower complaint under seal in the United States District Court for the Southern District of New York in 2014.
  • The settlement agreement among the whistleblower, the United States and the defendants was approved by U.S. District Judge J. Paul Oetken on July 28, 2021.
  • According to attorney McInnis, a former federal prosecutor, the whistleblower who brought this action will receive more than $1.2m (20%) for the information he provided.

Cleveland Clinic Will Pay Over $21 Million to Resolve Civil and Criminal Allegations

Retrieved on: 
Wednesday, July 7, 2021
Trauma centers, Hospitals, Ohio, Civil rights and liberties, Common law, Qui tam, United States law, Writs, Cleveland Clinic Akron General, Cleveland Clinic, Akron, Ohio, AGHS

AKRON, Ohio, July 7, 2021 /PRNewswire/ -- Akron General Health System (AGHS), part of the Cleveland Clinic, paid $21.25 million to resolve a qui tam whistleblower case captioned United States ex rel.

Key Points: 
  • AKRON, Ohio, July 7, 2021 /PRNewswire/ -- Akron General Health System (AGHS), part of the Cleveland Clinic, paid $21.25 million to resolve a qui tam whistleblower case captioned United States ex rel.
  • Brouse had been terminated from her position after the Cleveland Clinic acquired Akron General.
  • In May 2021, AGHS, the U.S. Government, and relators agreed to the settlement revealed this week.
  • Akron General Health System part of the Cleveland Clinic, paid $21.25 million to resolve a qui tam whistleblower case.

EHR vendor CareCloud pays $3.8M to settle whistleblower case alleging kickbacks

Retrieved on: 
Friday, April 30, 2021
Articles, Law, Common law, Qui tam, United States law, Writs, Whistleblower, MTBC, Legal systems

DOJ did not intervene in those particular claims.\nCareCloud was acquired last year by MTBC, headquartered in Somerset, NJ.

Key Points: 
  • DOJ did not intervene in those particular claims.\nCareCloud was acquired last year by MTBC, headquartered in Somerset, NJ.
  • MTBC renamed the entire company CareCloud.\nAccording to the qui tam complaint, CareCloud paid kickbacks to customers who participated in its "Champions Program."
  • Ken Comee replaced him as CEO in 2015, but Santalo remained as board chairman and chief strategy officer until 2016.\nThe whistleblower lawsuit named Santalo and Comee as defendants.
  • "\nAfter the 2017 settlement of a whistleblower case against EHR vendor eClinicalWorks, she saw that qui tam lawsuits are an effective way to report concerns about EHR systems.\nPhillips & Cohen represented the whistleblower in that case , which alleged eCW misrepresented its software\'s capabilities and paid kickbacks.