LabCorp paying $2.1M to settle False Claims Act allegations - Seeking Alpha
- LabCorp (NYSE:LH) has agreed to pay $2.1M to settle allegations from the US Department of Justice that it overbilled the Defense Department for genetic tests conducted by GeneDx.
- The settlement is not an admission of liability, LabCorp said, Bloomberg reported.
- Also, the settlement is not an indication that the government's allegations are not well founded.
- Read why Seeking Alpha contributor Gen Alpha rates LabCorp (LH) a buy.
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