SEC Surpasses $1 Billion in Awards to Whistleblowers with Two Awards Totaling $114 Million

SEC

The Securities and Exchange Commission today announced awards of approximately $110 million and $4 million to two whistleblowers whose information and assistance led to successful SEC and related actions.  With these awards, the SEC's whistleblower program has now paid more than $1 billion in awards to 207 whistleblowers, including over $500 million in fiscal year 2021 alone. The $110 million award stands as the second-highest award in the program's history, following the over $114 million whistleblower award the SEC issued in October 2020. read more »

Aetna insurance exaggerated about pediatricians in its network, federal whistleblower suit claims

PITTSBURGH POST GAZETTE

Aetna Better Health of Pennsylvania exaggerated the number of pediatric doctors in its network so it could win state contracts to provide Medicaid insurance for low-income children, according to a whistleblower lawsuit unsealed Tuesday in U.S. District Court in Pittsburgh. read more »

Orlando Cardiologist Pays $6.75 Million to Resolve Allegations of Performing Unnecessary Medical Procedures

DOJ

Dr. Ashish Pal, a cardiologist based in Orlando, Florida, has paid $6.75 million to resolve allegations that he violated the False Claims Act by performing medically unnecessary ablations and vein stent procedures. read more »