Patterson Belknap Webb & Tyler LLP’s employment law head, Lisa E. Cleary, was named co-chairwoman and managing partner of the firm. She succeeds Robert P. LoBue, who was co-chairman and managing partner, and joins William F. Cavanaugh Jr. as co-chairman.
Pennsylvania and Vermont student- loan agencies must face false-billing claims brought in 2007 by a former U.S. Education Department employee, a federal appeals court ruled, reviving the whistle-blower lawsuit.
Teva Pharmaceutical Industries Ltd. agreed to pay the U.S. and Illinois $27.6 million to resolve allegations that its units illegally paid a doctor to prescribe a dangerous antipsychotic drug to patients in federal care programs.
Sprint Corp., the third-largest U.S. wireless carrier, lost a bid to dismiss a lawsuit by New York’s attorney general seeking more than $300 million over claims it deliberately failed to pay sales taxes.
A whistle-blower’s $6.8 million in awards must be taxed as ordinary income, a U.S. Tax Court judge ruled, rejecting arguments that the money should be recognized as capital gains and subject to a lower rate.
Oracle Corp., the world’s second- biggest software maker, was sued today by the U.S. Justice Department, which claimed the company overcharged the government on a contract worth hundreds of millions of dollars.
EMC Corp. , the world’s biggest maker of storage computers, paid the U.S. $87.5 million to settle a lawsuit alleging that the company violated the False Claims Act and the federal Anti-Kickback Act, the U.S. Justice Department said.