Below is a our latest release. Click here to view it. LITIGATION ALERT FOR BROKER-DEALERS AND AFFECTED FINANCIAL ADVISORS: SARRAF GENTILE LLP ANNOUNCES CLASS ACTION LAWSUITS HAVE BEEN FILED AGAINST OHIO NATIONAL FOR TERMINATING TRAILING COMMISSIONS NEW YORK, Nov. 29, 2018 (GLOBE NEWSWIRE) — Sarraf Gentile LLP announces that multiple class actions have been filed […]
Insurance Fraud Litigation
Sarraf Gentile LLP partner, Joseph Gentile, was recently quoted in an article published by InvestmentNews, entitled “Universal Life Insurance Lawsuits Underscore Product Risk,” by Greg Iacurci. The firm currently serves as co-counsel in the case In re Lincoln National COI Litigation (E.D. Pa.) and is litigating claims involving Lincoln’s universal life insurance products and their cost […]
DOJ Encourages Whistleblowers in War on Opioid Abuse
[This article originally appeared on CafePharma, written by Joseph Gentile.] Earlier this year, the Department of Justice (DOJ) announced a new initiative to fight the opioid epidemic ravaging the nation – the creation of the Prescription Interdiction and Litigation (PIL) Task Force. The initiative targets unscrupulous painkiller manufacturers and distributors who overprescribe and allow the […]
Supreme Court Encourages “Whistleblowers” To Go Directly To The SEC
In a new decision with significant impact, the Supreme Court narrowly defined the word “whistleblower” and ruled that employees who want to report wrongdoing need to go to the government in order to secure anti-retaliation protections. Reporting the problem internally will not provide employees with protection under the Dodd-Frank Wall Street Reform and Consumer Protection […]
$95 Billion A Year
The Government Accountability Office (GAO) just issued its report to Congress regarding fraud, waste and abuse in Medicare and Medicaid. The findings are mind boggling. According to the report: “In fiscal year 2016, improper payment estimates for these programs totaled about $95 billion.” Since Medicare and Medicaid outlays total $1 trillion per year, this means […]
Skilled Nursing Facilities Are in the Government’s Crosshairs
We came across some interesting facts recently regarding Skilled Nursing Facilities (SNFs) on Lexology: “Since 2016, the Department of Justice has settled several multimillion-dollar False Claims Act cases with SNFs, including at least six worth more than $10 million and two separate settlements worth more than $120 million each.” This is clearly an industry rife […]
It Pays To File First
A federal judge has approved the DOJ’s request to divide the payouts from a $350 million qui tam settlement among six whistleblowers who filed claims. Under the False Claims Act, the award for bringing a claim on behalf of the government ranges between 15 and 30 percent of the amount recovered. Here, the whistleblowers may […]
DOJ’s Largest Recovery from Hospice Provider for Medicare Fraud
The Department of Justice recently announced the resolution of a false claims act case against two hospice service providers for $75 million. The case arose out of three separate whistleblower actions and represents the largest recovery from a provider of hospice services. The awards to the whistleblowers have not yet been determined. Under the False […]
Foreign Corrupt Practices Act Enforcement
There has been a lot of speculation this past year about whether the DOJ and SEC would continue their robust enforcement of the FCPA under the Trump administration given his previous public comments. In the past, Trump has said that “this country is absolutely crazy” to prosecute alleged FCPA violations because, according to Trump, the […]
Motor Vehicle Safety Whistleblower Program
Over the past decade major car safety scandals dealing with issues such as faulty ignitions, unintended acceleration and defective airbags have caused hundreds of unnecessary deaths and many more injuries. In response to the public’s outrage, Congress passed the Motor Vehicle Safety Whistleblower Program. The Senate report for the program can be viewed here. This […]