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Last week, a Minnesota federal judge sharply reduced a US$487 million False Claims Act (FCA) trial verdict against ophthalmic supply company Precision Lens and its late co-founder Paul Ehlen...
Headlines that Matter for Companies and Executives in Regulated Industries- Government Wins $43 Million Verdict in False Claims Act Case - On February 28,...
Minnesota jury handed down a $43 million verdict in a whistleblower suit against an ophthalmology distributor. The verdict potentially opens the door to False Claims Act FCA liability and statutory penalties. Kickback conspiracy distributor showering surgeons with luxury travel.
Prosecutors say Bloomington-based Precision Lens took physicians to aBroadway musical, a college football championship, and the Masters golf tournament. The illegal kickbacks led to eye doctors filing more than 64,000 false claims.
The U.S. Attorney's Office says Precision Lens' kickbacks led to 64,575 false claims to the Medicare program from 2006 through 2015.