Setting A New Record, FCA Recoveries Reach $5 Billion in FY2012
Client Alert | less than 1 min read | 12.05.12
DOJ's Acting Associate Attorney General, Tony West, announced that the government recovered nearly $5 billion in settlements and judgments under the False Claims Act in FY2012, the largest recovery for a single year. You can read Mr. West's prepared remarks here, in which he notes there were 650 new qui tam actions filed this year, the most ever, and that the majority of the government's recoveries came from whistleblower suits.
Insights
Client Alert | 8 min read | 09.08.26
Saxon Woods Investments Limited v Costa [2026] UKSC 21: Good Faith in the Boardroom
The UK Supreme Court has unanimously dismissed the appeal of Mr Francesco Costa, former chairman of Spring Media Investments Limited, in the first Supreme Court judgment to consider the scope of the duty under section 172(1) of the Companies Act 2006. The foundational position is that good faith requires honest conduct as well as honest thinking. A director's genuine belief that they are acting in the company's best interests will not excuse covert or disloyal conduct in pursuit of that belief.
Client Alert | 2 min read | 09.08.26
IRS Takes Aim: Proposed Rule Threatens Tax-Exempt Status of Private Schools
Client Alert | 5 min read | 09.03.26
Client Alert | 6 min read | 09.03.26
FDA Seeks Input for Regulating GenAI-Powered Medical Devices
