The Great Myths of State False Claims Acts: Alternatives to State Qui Tam Statutes
Authored by Jonathan Diesenhaus of Hogan Lovells, this paper addresses the unexpected effects and complications from state laws that attempt to mirror the federal False Claims Act. It charts the development of state qui tam laws, outlines the challenges they present to states and defendants alike, and provides a roadmap of alternative measures to combat fraud.
The Justice Department and Citigroup Inc. are "close to a deal for the bank to pay about $7 billion" to resolve a probe into the company's sales of mortgage securities. Read More »