Citigroup Inc. defeated a whistleblower’s attempt to revive a False Claims Act suit alleging that the company manipulated audit information to conceal obligations to pay the federal government under consent agreements, the Second Circuit said Tuesday.
A New York federal district court properly concluded that Tamika Miller didn’t meet the standard for raising a reverse false claim under the FCA, the US Court of Appeals for the Second Circuit said. A reverse false claim occurs when fraudulent conduct causes the government to be denied a payment that a defendant is obligated to pay.
Miller alleged that Citigroup altered information to ...
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Share The Securities and Exchange Commission has filed charges against Nova Labs for allegedly conducting unregistered securities offerings and making false statements about business partnerships ...