U.S. top court mulls time bars for SEC recovery of ill-gotten profits — On Tuesday, the Supreme Court heard oral argument in Kokesh v. SEC. The question presented in this case, as framed by the SEC in its latest brief, is: “Whether the SEC’s equitable claims for disgorgement are subject to the five-year statute of limitations in 28 U.S.C. 2464 which applies to claims for “any civil fine, penalty, or forfeiture.” Yahoo Finance
Senator Grassley demands new scrutiny of Medicare Advantage plans — Senator Chuck Grassley, the chair of the Senate Judiciary committee, has asked officials at the Centers for Medicare and Medicaid Services (CMS) to explain why they failed to collect nearly $125 million in potential overcharges identified at five Medicare Advantage plans audited in a single year. The Center for Public Integrity
Pennsylvania Cases May Portend Expansion of Whistleblower Damages — A growing body of case law in Pennsylvania has begun to establish that plaintiffs in whistleblower cases involving retaliation claims should be able to recover for noneconomic damages, including humiliation and emotional distress. The Legal Intelligencer
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