LegalNewsLine Logo  
Wednesday, May 23 2012 Twitter  feedburner  yahoo  Subscribe in NewsGator Online
News | Contact LegalNewsline | About Us | Advertise | RSS
Enter search keyword
 
clear
clear
NEWSLETTER
Receive our FREE weekly newsletter
click here
Today's Offers:

LNL MOST POPULAR ARTICLES
+ Seventh Circuit slams door on shareholder lawsuit against Zimmer
+ Mich. SC justice under scrutiny for real estate transactions
+ Verizon employee settles with employer, union
+ SEC charges N.J. man with real estate investment scam
+ NYU report: Environmental jobs claims often made 'out of context'
LNL HOT TOPICS
+ Asbestos
+ Big Pharma
+ BP Oil Spill
+ Class Action
+ Dickie Scruggs
+ Federal Government
+ Financial Crisis
+ Global Warming
+ Hurricane Katrina
+ Labor Issues
+ Lead Paint
+ Sub-Prime Mortgages
State AGs 
story date  
Coakley touts $40M False Claims Act recovery in 2011
coakley.png
Coakley
BOSTON (Legal Newsline) - Massachusetts Attorney General Martha Coakley announced on Wednesday that more than $40 million was recovered by Coakley's office using the False Claims Act in Fiscal Year 2011.

The figure nearly tripled the $14.4 million that was recovered in 2011. The total budget during FY 11 for Coakley's office was approximately $37 million.

"The False Claims Act has been a critically important tool for holding companies responsible that defraud the Commonwealth and recovering taxpayer funds," Coakley said. "In today's tough economy every dollar we can recover helps ensure that these much needed funds are not wasted. We are tremendously proud of our success last fiscal year and are working hard to duplicate those efforts in 2012."

Multiple cases were brought under the False Claims Act, resulting in recoveries for the commonwealth, its municipalities and agencies.

Coakley's office has taken further legal action under the False Claims Act in Fiscal Year 2012 and has reached additional settlements. In January, the URS Corporation paid an added $2.3 million to resolve allegations that it submitted inflated and false invoices to the Massachusetts Port Authority when renovating Logan International Airport. In February, Coakley's office filed a lawsuit against XL Specialty Insurance for allegedly failing to compensate the state more than $3 million after a Grafton bridge collapsed, allegedly due to shoddy construction work. The company allegedly submitted false statements to avoid their contract and performance bond obligations with MassDOT in June 2007.

The False Claims Act, which was passed in 2000, authorizes Coakley to sue entities that submit false payment claims to the state government or its political subdivisions on purchasing and contracting issues. Coakley's Public Protection and Advocacy Bureau enforces the False Claims Act.

Filed Under: State AGs

E-mail this article to a friend | Printer friendly format

MORE NEWS HEADLINES:
+ Schneiderman, stores reach ADA agreement - 5/23   read more
+ Allcare Dental president surrenders license - 5/23   read more
+ Miss. governor signs bill limiting AG's power into law - 5/22   read more
+ AGs unhappy with Backpage.com's resistance to demand - 5/22   read more
+ Ohio AG reaches out for info on company - 5/22   read more
+ Calif. company settles with Arizona over air quality permit - 5/22   read more
+ Candy sellers, Calif. company banned from operating in North Caro... - 5/22   read more
+ Abbott says he can't resolve dispute over racing funds - 5/21   read more
+ N.Y. AG alleges securities fraud - 5/21   read more
+ Ga. AG takes action against payday lenders - 5/21   read more


IN THE SPOTLIGHT:
livermore.jpg
Monday, May 21, 2012
NEW YORK (Legal Newsline) - A think tank affiliated with New York University School of Law has issued a report that "takes aim at the confusing debate over jobs and environmental regulation."
Read more...


+ Controversial presentation on creating 'legacy lawsuits' uncovered - 5/11
+ Defendants mount arguments for keeping Colossus in federal court - 5/8
+ Alaska AG says EPA's actions 'unlawful' - 4/30
+ U.S. SC won't take on torture case against Chevron - 4/27
+ Judge in Ark. Colossus class action did not 'play' - 4/25
BROWSE BY STATE:
 
BROWSE BY AG:
 
BROWSE BY DATE:
 
NEWS WIDGET:
Attention bloggers:
Add Record Headlines to your site!


fast + free- click here
NEWS | CONTACT LEGALNEWSLINE | ABOUT US | ADVERTISE | RSS © 2008 LegalNewsLine.com. All Rights Reserved.