General Electric's aerospace unit agreed on Monday to pay $9.4 million to settle federal government claims that a Massachusetts plant sold parts to the U.S. Army and Navy that were not properly inspected or did not meet specifications. The U.S. Department of Justice said GE Aerospace's plant in Lynn, Massachusetts, skipped at least two inspections, did not consistently use functional gauges to inspect features on some parts, and sold engines that contained improper metal fragments. Investigators said failing to conduct inspections and selling nonconforming parts could compromise military hardware and national security, and even endanger service personnel.
On October 3, the Department of Defense, General Services Administration, and the National Aeronautics and Space Administration published two sets of proposed revisions to the Federal.
Big Pharma Drug Makers Fined Over $82B in Violations Last Decade, Report Shows hightimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hightimes.com Daily Mail and Mail on Sunday newspapers.
(Reuters) -A federal appeals court on Tuesday revived a lawsuit in which the United States and Virginia accused Walgreens Boots Alliance of defrauding Virginia's Medicaid program by falsely representing that some patients were eligible for expensive hepatitis C drugs. In a 3-0 decision, the 4th U.S. Circuit Court of Appeals in Richmond, Virginia, cleared the way for the nation's largest pharmacy chain to face claims it violated the federal False Claims Act and Virginia state law. The case arose from alleged misconduct by a clinical pharmacy manager at a Walgreens in Kingsport, Tennessee.
On May 5, 2023, the Securities and Exchange Commission (“SEC”) granted its largest-ever whistleblower award of $279M to an individual, reportedly stemming from Ericsson’s $1.1B.