Former Owners of Telemarketing Company Agree to Pay At Least $4 Million to Resolve False Claims Act Allegations

DOJ

Two Florida men have agreed collectively to pay at least $4 million to resolve allegations that they violated the False Claims Act by engaging in schemes to generate prescriptions for compounded drugs and refer those prescriptions to pharmacies in exchange for illegal kickbacks. Many of those prescriptions were billed to TRICARE, the federal health care program providing insurance for active duty military personnel, military retirees, and military dependents. read more »

The U.S. securities regulator's forays into climate change enforcement

REUTERS

The U.S. Securities and Exchange Commission (SEC) has created a task force to police statements made by companies and fund managers about climate-related risks. While the concerted push is a first for the agency, it has in the past pursued a handful of climate-change related enforcement actions, with mixed success. read more »

FCA launches proceedings against NatWest over alleged money laundering

THE GUARDIAN

The City watchdog has launched criminal proceedings against state-owned lender NatWest for allegedly failing to prevent money laundering, in the first prosecution brought under rules introduced in 2007. read more »