“The Reigning King of Qui Tam (whistleblower) Actions in the United States” – New Haven Register

News Coverage


Freedom Mortgage Can't Shake 2 TCPA Class Actions In NJ

Freedom Mortgage Can't Shake 2 TCPA Class Actions In NJ

- Law360
Freedom Mortgage Corp. lost separate bids to escape two putative class actions over allegedly unsolicited phone calls when a New Jersey federal judge ruled Thursday that the customers’ lawsuits supported their claims under the Telephone Consumer Protection Act.
U.S. District Judge Jerome B. Simandle denied Freedom Mortgage’s motions to dismiss the proposed class actions alleging in part that the New Jersey-based business made such calls using an automatic telephone dialing...

4 Takeaways From Hunton & Williams' $34M Stanford Deal

4 Takeaways From Hunton & Williams' $34M Stanford Deal

- Law360
Hunton & Williams LLP has become the latest law firm to settle allegations that it aided Robert Allen Stanford’s $7 billion Ponzi scheme, inking a $34 million deal that would benefit some of Stanford’s thousands of victims.
With Stanford now five years into a 110-year federal prison sentence, ​Hunton's ​big-dollar settlement is a significant step in a swarm of suits that arose from the 2009 collapse of Stanford International Bank and other companies Stanford...

Phone-Sex Worker Hits Employer With OT, Wage Claims

Phone-Sex Worker Hits Employer With OT, Wage Claims

- Law360
A phone-sex worker filed a collective action against her employer Tele Pay USA in California federal court Tuesday, claiming the company has violated the Fair Labor Standards Act by paying her less than minimum wage, no overtime and shorting her for “off-the-clock” work.
At best, the suit claims, women who talk for Tele Pay, like lead plaintiff Anne Cannon, make $6 per hour. If their average call times drop below six minutes, their hourly rate drops to $4.20 per hour, the suit...

Wyly Ruling Shows Good Advice Can't Shield Bad Intentions

Wyly Ruling Shows Good Advice Can't Shield Bad Intentions

- Law360
Texas bankruptcy court’s ruling Tuesday that found billionaire Sam Wyly and his late brother intentionally skirted taxes through a network of complex offhore accounts serves as a cautionary tale for those seeking to use professional advice as a shield for tax evasion penalties.
In a more than 400page ruling, U.S. Bankruptcy Chief Judge Barbara J. Houser rejected the Wyly brothers’ defense that they could hide behind the advice of tax lawyers and other professionals to funnel...

Architecture Firm To Pay $3M To Resolve 'Buy American' FCA

Architecture Firm To Pay $3M To Resolve 'Buy American' FCA

- Law360
Novum Structures LLC will pay $3 million to settle criminal and civil False Claims Act allegations in Wisconsin federal court that it falsified documents to hide the improper use of foreign materials on construction projects funded with federal dollars, the U.S. Department of Justice said Tuesday.
The Wisconsin-based manufacturer of glass space frames — found in roofs and atriums — agreed to plead guilty to a single count of concealing a material fact and fork over $500,000 in...

Dana Transport Says Banks Pushed It Into $500M Default

Dana Transport Says Banks Pushed It Into $500M Default

- Law360
The owner of Dana Transport Inc. accused PNC Bank, Wells Fargo & Co. and others of costing him more than $500 million with a scheme that thrust the trucking company into default on a loan even though it was current on payments, according to a racketeering suit filed in New York on Thursday...

Wells Fargo, Ocwen Hit With FCA Suit Over Freddie Claims

Wells Fargo, Ocwen Hit With FCA Suit Over Freddie Claims

- Law360
Two homeowners have told a New York federal court that Wells Fargo & Co. and Ocwen Financial Corp. illegally collected payments on mortgages they fraudulently declared in default, according to a False Claims Act suit made available Tuesday.Originally filed under seal in September 2014, plaintiffs Mr. and Mrs. Schiano claim the companies diverted a payoff they had made for refinancing their home and told the loan’s owner, government sponsored entity Freddie Mac, that the pair had...

HSBC Inquiry Would Likely Focus On Sincerity Of Tax Reforms

HSBC Inquiry Would Likely Focus On Sincerity Of Tax Reforms

- Law360
Threats of U.S. prosecution loom over HSBC Holdings PLC due to reports that it helped clients hide cash from various tax authorities, and to avoid paying historic penalties like competitor Credit Suisse AG, the bank may want to show that it redoubled reform efforts after entering a corporate compliance monitorship.
The reports are the latest round of bad press for the British bank, which in 2012 agreed to pay the U.S. a $1.9 billion penalty and acquire a monitor over its alleged role in...

Ex-S&C Atty’s FCA Suit Claims Vanguard Ducked $1B Tax Bill

Ex-S&C Atty’s FCA Suit Claims Vanguard Ducked $1B Tax Bill

- Law360
A former Vanguard Group Inc. in-house attorney and ex-Sullivan & Cromwell LLP associate has hit the investment manager with a False Claims Act suit in New York state court alleging it illegally evaded more than $1 billion in federal and state taxes over the past decade, the plaintiff's attorney said Friday.
Former Vanguard associate counsel David Danon's complaint against Vanguard was filed last year and unsealed Friday, according to Danon's attorney, Brian Mahany of Mahany & Ertl...