New York False Claims Act Recovery Highlights Growing Risk of Tax Claims Pursued as False Claims | Morgan Lewis
To embed, copy and paste the code into your website or blog: The New York attorney general on March 2 announced a $105 million New York False Claims Act settlement against an individual hedge fund manager and his firm for alleged tax evasion based on allegations originally brought by a whistleblower, calling it the largest recovery against an individual in the state statute’s 14-year history. This recovery should remind both businesses and individuals that, while the federal False Claims Act specifically excludes tax claims from its purview, a watchful eye should be kept on the steadily gro...