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Whistleblower News From The Inside -- January 10, 2017

Posted  January 10, 2017

By the C|C Whistleblower Lawyer Team

RBS braces for monster fine for alleged mortgage fraud — “‘Bank faces big fine'” is a story so worn out it would almost struggle to make the headlines after years of bad bank behaviour and big misconduct penalties. But there are big fines, and BIG fines, and RBS is about to be hit by the biggest one in its troubled history.” BBC

NY and FTC sue Quincy Bioscience alleging Prevagen dietary supplement a fraud — “State and federal regulators filed a lawsuit Monday against the makers of Prevagen, in hopes of getting consumers and stores to forget the memory loss dietary supplement that’s marketed to seniors.” NY Post

Supreme Court won’t review question of False Claims Act immunity for universities and lenders — The High Court denies certiorari in three cases “over whether state student loan agencies and universities are protected by government immunity from False Claims Act suits, dashing chances for a unified test over government affiliation advocated by one loan agency.” Law360