1. Home
  2. |Insights
  3. |DOJ Reports Record Haul in FY14 FCA Recoveries of Nearly $6 Billion

DOJ Reports Record Haul in FY14 FCA Recoveries of Nearly $6 Billion

Client Alert | less than 1 min read | 11.21.14

On November 19, 2014, DOJ reported that it had obtained a record $5.69 billion in recoveries (settlements and judgments) from civil FCA cases in FY14, the first time recoveries have exceeded $5 billion, and that this brings total recoveries from January 2009 through the end of FY14 to $22.75. Of the FY14 recoveries, $3.1 billion related to housing and mortgage fraud, $2.3 billion related to health care fraud, and the remainder related to procurement and other federal programs.


Insights

Client Alert | 6 min read | 04.25.24

OMB Final Rule Rewrites the Uniform Guidance for Grants, Cooperative Agreements, and Other Federal Financial Assistance

On April 22, 2024, the Office of Management and Budget (OMB) issued a Final Rule significantly revising the Uniform Guidance for grants, cooperative agreements, and other federal financial assistance.  The Final Rule (titled “OMB Guidance for Federal Financial Assistance”), and OMB’s accompanying memorandum to agencies and reference guide, state that the revisions aim to streamline and clarify the grant rules and improve management, transparency, and oversight of federal financial assistance.  Agencies must implement the Final Rule by October 1, 2024; however, agencies may apply it to federal awards as early as June 21, 2024....