United States Files Suit Against California Skilled Nursing Chain and its Owner for Allegedly Paying Illegal Kickbacks to Physicians

DOJ

The United States filed a complaint in the U.S. District Court for the Central District of California yesterday under the False Claims Act against Paksn Inc.; Prema Thekkek, one of its owners; and seven skilled nursing facilities (SNFs) owned by Thekkek and/or operated by Paksn. Those seven SNFs are Bay Point Healthcare Center, Gateway Care & Rehabilitation Center, Hayward Convalescent Hospital, Hilltop Care & Rehabilitation Center, Martinez Convalescent Hospital, Park Central Care & Rehabilitation Hospital, and Yuba Skilled Nursing Center. read more »

House antitrust bills take tight aim at tech giants

AXIOS

The sweeping antitrust bills House lawmakers introduced Friday don't just propose broad new principles of digital-age competition — they put giant bullseyes on the backs of Google, Facebook, Amazon and Apple. read more »

Attorney General Bonta Calls on SEC to Require U.S. Companies to Disclose Financial Risk from Climate Change

CALIFORNIA AG

California Attorney General Rob Bonta today led a coalition of 12 attorneys general in urging the Securities and Exchange Commission (SEC) to require U.S. companies to provide detailed and accurate information about the financial risk they face from climate change. The need to mandate such disclosures is urgent and falls squarely within existing SEC authority. In the past five years alone, climate change-related weather events cost U.S. companies more than $600 billion in direct economic damages. Mandatory climate change-related disclosures are essential to insulate U.S. and global financial systems from systemic risk associated with climate change and to protect investors, including the many ordinary Americans whose retirement savings are largely investment-based. read more »