Qui Tam action alleges military contractor inflated cost estimates – $18,161,393 Settlement 
By Virginia Lawyers Weekly
Published: June 18, 2012
Tags: Federal Courts, Million-Dollar Settlements, Qui Tam
Former Calnet CFO Kim Chao filed a qui tam action in federal court, alleging false claims on three different “cost plus” contracts with the United States Department of the Army. In a “cost plus” arrangement, a contractor is paid for the costs (i.e., the overhead) it incurs in association with the particular contract, plus a [...]
Drug company pays $313M in False Claims Act case
By Alan Cooper
Published: September 29, 2010
Tags: Federal Courts, Million-Dollar Settlements, Qui Tam
Chris Gobble thought he had found his dream job as a sales rep for Forest Pharmaceuticals Inc. working out of Glen Allen, just outside Richmond. But he was bothered by what appeared to be violations of the company “Standards of Business Ethics and Conduct,” which barred kickbacks and payments to physicians to prescribe Forest’s products. [...]
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