Verizon settles False Claims case for $93.5M

Verizon, one of America’s largest mobile carriers, settled allegations stemming from a False Claims Act case that it¬†overcharged the federal government. The settlement will cost Verizon a total of $93.5 million. The whistleblower, Stephen Shea, filed the case in 2007, but it has been under seal until early April 2011.

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