Monthly Archives: October 2011

Bank of America Corp must reinstate a Countrywide whistleblower, who was fired promptly after the merging of the two companies in 2008, and pay $930,000 in damages to the employee. The former employee, during his employment, conducted internal investigations, which led to the discovery of widespread fraud involving Countrywide employees. Upon his report to Countrywide’s Employee Relations Department, he was subsequently fired.

Read more at: http://www.huffingtonpost.com/2011/09/14/bank-of-america-whistleblower_n_962702.html

Johnson & Johnson’s Scios unit will pay $85 million in penalties for misbranding the heart drug Natrecor. Under the False Claims Act, the U.S. alleged that Johnson & Johnson illegally marketed Natrecor for off-label “serial outpatient infusions” not yet approved by the FDA. According to the U.S., this practice has led to “substantial amounts” of false claims being submitted to the Medicare program.
Read more at: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/09/14/bloomberg1376-LO1H7S1A74E901-6UOBJB6Q63F6MNPNPP8VHND6UL.DTL&type=printable

The DOJ has announced that Maxim Healthcare Services Inc., a company that provides in-home health and nursing services, will pay civil and criminal fines of $150 million. The company admitted to defrauding Medicaid and the Department of Veterans Affairs for $61 million. Maxim agreed to pay approximately $70 million to the federal government, approximately $60 million to 42 states, and $20 million in criminal penalties.

Read more at: http://www.nationaljournal.com/healthcare/maxim-to-pay-150-million-fine-for-health-care-fraud-20110912?print=true