California-based life science company Bio-Rad Laboratories agreed Monday to pay a total of $55 million to settle DOJ and SEC allegations that subsidiaries made improper payments to foreign officials in Russia, Vietnam, and Thailand to win business.… Continue Reading
The Independent Commission for Aid Impact scrutinizes the spending of the UK’s £11.5 billion ($18.4 billion) overseas development assistance budget. The aid budget, which is the second largest after that of the United States, has been expanded to reach .71% of GDP and represents a genuine achievement for the current coalition government in difficult financial times.… Continue Reading
The FCPA Blog’s recent postings on the rise in compliance education are encouraging. At Fordham Law School, we’re finding increasing demand from the business community in New York and throughout the country for compliance professionals and believe that it is one of the most important growth areas for legal education.… Continue Reading
The US-China Business Council (the “USCBC”) recently released a Government Affairs Report (the “Report”) which focuses on conducting government affairs activities relating to China. As with other USCBC publications, the Report draws heavily on the actual, on-the-ground activities of USCBC member companies.… Continue Reading
A hospital chain based in Northern California agreed Thursday to pay $37 million to settle allegations that it overcharged the federal Medicare program.
The settlement resolved a 2009 qui tam lawsuit filed in San Francisco federal court against Dignity Health by a former employee who claimed the hospital chain submitted false and inflated Medicare claims from 2006 to 2010.… Continue Reading