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Whistleblower News From The Inside — September 29, 2016

Posted  September 29, 2016

By the C|C Whistleblower Lawyer Team

US hedge fund will pay over $400M to settle foreign bribery allegations—Och-Ziff Capital Management will pay more than $400M to settle charges it paid tens of millions to African Governmental officials and one unit will plead guilty to criminal charges. Och-Ziff is the largest publicly traded hedge fund in the US and this will be the first criminal foreign-bribery case against a major Wall street firm. Wall Street Journal

Hospital chains settles FCA suit for $32.4M—Vibra Healthcare has settled allegations that it billed Medicare for medically unnecessary services; Vibra runs 36 long term care hospitals and admitted patients which do not qualify for stays in such facilities. The case was brought by a whistleblower, a former coder at one of the facilities, who will receive at least $4M. DOJ

SEC penalizes Anheuser-Busch Inbev for whistleblower restrictions—This is the fourth SEC penalty in the recent past imposed on companies who allegedly restrict the rights of outgoing employees to blow the whistle. The company will pay the SEC $6M. Wall Street Journal

Former healthcare CEO settles FCA suit for $1M—Ralph Cox III, the former CEO of Toumey Healthcare, has agreed to $1m in personal liability for his involvement in a kickback scheme, he will also be excluded from participating in federal healthcare programs for four years. Toumey, as a company, settled related allegations for $72 million in 2015. Beckers Hospital Review

SEC whistleblower office names new chief—Jane Norberg has been promoted to chief of the SEC whistleblower office, she joined the SEC in 2012 and was the first deputy chief of the office, helping create it. Norberg has served as acting chief since the departure of the office’s inaugural chief Sean McKessy. Corporate Crime Reporter

Buffalo medical transport company settles NY FCA suit for $173k— First Call allegedly billed Medicaid for services provided by unqualified drives and without necessary documentation.  The case was brought by a whistleblower, Thomas Ayers, who is the former CEO of a different medical transportation under the same parent company. Buffalo News