The False Claims Act (FCA), enacted shortly after the Civil War, allows private parties, known as relators, to bring qui tam actions on behalf of the United States government for violating the Act, and awards those parties up to 30% of all monies recovered.
Attorneys and Whistleblowing
A recent opinion from the Southern District of New York indicates that lawyers will typically be prohibited from bringing <i>qui tam</i> actions against their former clients. And the new Dodd-Frank regulations expressly limit when an attorney can reap a whistleblower reward.
By
Howard W. GoldsteinThis premium content is locked for Business Crimes Bulletin subscribers only
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