Whistleblower News From The Inside — November 5, 2015

By the C|C Whistleblower Lawyer Team

Astrazeneca and Cephalon Will Pay $54 Million to Settle False Claims Act lawsuit initiated by Whistleblower Ronald Streck over Allegations of Overcharging Medicaid for Drugs — “Attorney General Eric T. Schneiderman today announced that New York has joined with all other states and the federal government to settle allegations with AstraZeneca LP and 48 other states, District of Columbia and the federal government with Cephalon that the companies overcharged state Medicaid programs for their pharmaceutical products.”  NY State Office of the Attorney General

SEC Awards $325,000 to Whistleblower Whose Information Led to Successful Enforcement Action against Investment Firm —  “The Securities and Exchange Commission today announced a whistleblower award totaling more than $325,000 for a former investment firm employee who tipped the agency with specific information that enabled enforcement staff to open an investigation and uncover the extent of the fraudulent activity.”    SEC

German Whistleblower inside VW Reported Additional Problems to Volkswagen’s new CEO, Prompting New Disclosures to the Public —  “The latest revelations from scandal-plagued German automaker Volkswager AG came from an in-house whistleblower, the magazine Wirtschaftswoche reported Wednesday.  The magazine’s website, citing unnamed sources, reports that an employee had contacted chief executive Matthias Muller directly in response to the new boss’s declaration that he wanted to investigate past cheating thoroughly.”    Fortune

Jury finds Congressman Fattah’s son guilty of Bank and Tax Fraud —  “The son of a veteran Philadelphia congressman has been found guilty on 22 of 23 counts in a federal bank and tax fraud case.  Chaka “Chip” Fattah Jr. was convicted Thursday of 22 of 23 countrs that he misspent loans and some of the nearly $1 million in education funds he got as a school management subcontractor.”   ABC News