SEC Whistleblower Settlements Have Resulted in $1 Billion in Awards Paid For Uncovering Violations of Securities Laws
Sports Betting Addiction Lawsuit Sports betting addiction lawsuits are being investigated for college students and young adults who developed gambling problems after using apps like FanDuel and DraftKings, alleging that the platforms failed to warn about the addictive nature of their features and marketing practices.
Nitrous Oxide Lawsuit Individuals who suffered harm, or families who lost a loved one after using nitrous oxide products may be eligible for financial compensation through a nitrous oxide lawsuit.
Hair Relaxer Lawsuit Regular exposure to chemicals in hair relaxer may cause uterine cancer, ovarian cancer and other injuries. Women diagnosed with cancer may be eligible for settlement benefits.
Depo-Provera Lawsuit Depo-Provera lawsuits are being investigated for women who developed meningioma brain tumors after receiving Depo-Provera birth control shots, claiming that Pfizer failed to adequately disclose side effects.
Ozempic Lawsuit Lawyers are pursuing Ozempic lawsuits, Wegovy lawsuits and Mounjaro lawsuits over gastroparesis or stomach paralysis, which can leave users with long-term gastrointestinal side effects
Suboxone Tooth Decay Lawsuit Lawsuits are being pursued by users of Suboxone who experienced tooth loss, broken teeth or required dental extractions. Settlement benefits may be available.
Change Healthcare Lawsuit Lawyers are reviewing Change Healthcare class action lawsuits for individuals who had their personal information stolen due to the data breach.
Bard PowerPort Lawsuit Serious and life-threatening injuries have been linked to problems with Bard PowerPort. Lawsuits are now being pursued by individuals who suffered injuries from the implantable port catheter fracturing or migrating.
AngioDynamics Port Catheter Lawsuit Serious and life-threatening injuries have been linked to problems with Bard PowerPort. Lawsuits are now being pursued by individuals who suffered injuries from the implantable port catheter fracturing or migrating.
Processed Food Lawsuit Lawsuits are being pursued against the food industry over their manufacturing and advertising of ultra-processed foods, which have caused a generation of children to face an increased risk of developing childhood diabetes and other chronic illnesses.
Drug Company Settlements for Fraud Result in Billions for States, Feds October 11, 2012 Irvin Jackson Add Your Comments State and federal governments are reaching record settlements with pharmaceutical companies over claims involving fraudulent or illegal activity promoting prescription drugs, with more than $6 billion collected from the industry this year. A new report by the consumer watchdog group Public Citizen finds that states have been harder than ever before on pharmaceutical companies over illegal activity, such as off-label marketing, by going after them for Medicaid fraud and drug pricing schemes that overcharge health care programs. Southern states lead the pack, with Kentucky receiving the most settlements since 1991 and Texas leading in the most settlements that result from whistleblower lawsuits invoving industry insiders. Learn More About Whistleblower Lawsuits Learn More SEE IF YOU QUALIFY FOR COMPENSATION Learn More About Whistleblower Lawsuits Learn More SEE IF YOU QUALIFY FOR COMPENSATION The report found that since 2009, all state governments combined have more than doubled the number of drug settlements and collected six times the amount of money than the 18 years before combined. In fact, between January and mid-July of this year, states and the federal government collectively reached $6.6 billion in Medicaid fraud settlements with pharmaceutical companies. “What this new report unequivocally shows is that those states that have chosen to hold the pharmaceutical industry accountable have largely seen their enforcement efforts pay for themselves,” said Dr. Sammy Almashat, the study’s author and a researcher with Public Citizen’s Health Research Group. The report found that a total of 74 settlements have been reached between state or federal governments and drug companies since November 2010, collecting $10.2 billion in financial penalties. Whistleblower lawsuits have been responsible for a large amount of the cases and the money collected, particularly involving the federal government. Under the qui tam provisions of the Federal False Claims Act, whistleblowers are entitled to receive a portion of any recovery made by the federal government in return for being the first to bring the case to the government’s attention and not publicizing the lawsuit until the Department of Justice decides whether it wants to intervene. The report notes that the money collected still pales in comparison to drug company profits and rarely results in companies being excluded from Medicare and Medicaid participation, raising questions as to the deterrent effect of the penalties. However, it notes that states that do pursue enforcement have seen their costs more than offset by their financial recoveries. Tags: Whistleblower, Whistleblower Compensation Image Credit: | More Whistleblower Lawsuit Stories NHTSA Whistleblower Settlement Results In $24M Payment For Uncovering Kia, Hyundai Safety Violations November 10, 2021 SEC Whistleblower Settlements Have Resulted in $1 Billion in Awards Paid For Uncovering Violations of Securities Laws September 20, 2021 Whistleblower Lawsuit Over AstraZeneca Off-Label Marketing Ends in $2.4M Verdict June 24, 2021 1 Comments terri October 11, 2012 ….wait for it….wait for it……..BAM!!!! Pfizer WILL get hit with a RECORD-BREAKING fine for fast-tracking Chantix!!!!! Mark my words…. 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