St. Jude Agrees to Pay $27 Million for Allegedly Selling Defective Heart Devices

DOJ

St. Jude Medical Inc. (St. Jude) has agreed to pay $27 million to settle allegations under the False Claims Act that, between November 2014 and October 2016, it knowingly sold defective heart devices to health care facilities that, in turn, implanted the devices into patients insured by federal health care programs. St. Jude was acquired by Abbott Laboratories in January 2017. read more »

Cryptocurrency Fraudster Sentenced for Money Laundering and Securities Fraud in Multi-Million Dollar Investment Scheme

A Swedish man was sentenced today to 15 years in prison for securities fraud, wire fraud and money laundering charges that defrauded thousands of victims of more than $16 million. read more »

Ex-IBM whistleblower's suit back in court, 8 years after he alleged irregularities in $265m IRS software deal

THE REGISTER

A long-running legal case concerning the alleged $265m mis-selling of software licences by IBM to the US tax office has a new lease of life following a ruling by the US Court of Appeal earlier this week. read more »