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Private Equity Firms Private Equity False Claims Act (FCA)

Pietragallo Gordon Alfano Bosick & Raspanti,...

DOJ Scores First Homegrown FCA Settlement Against A Private Equity Firm

Partner Alexander Owens recently authored “DOJ Scores First Homegrown FCA Settlement Against A Private Equity Firm,” for Westlaw Today. Using his knowledge from trying multiple state and federal cases, Alex discusses the...more

Robinson+Cole Health Law Diagnosis

Massachusetts Enhances Regulatory Oversight of Health Care Transactions on For-Profit and Private Equity Investments

Massachusetts has expanded regulatory oversight of health care transactions by imposing False Claims Act liability on health care owners and investors for changes including failure to disclose violations. On January 8, 2025,...more

Sheppard Mullin Richter & Hampton LLP

Massachusetts Expands Oversight of Private Equity Investment in Healthcare: Key Takeaways from House Bill 5159 Signed into Law by...

On January 8, 2025, Massachusetts Governor Maura Healey signed House Bill 5159 (“H.5159”) into law, marking a notable expansion of the regulation of private equity investments within the Massachusetts healthcare sector. The...more

Goodwin

Massachusetts Passes Comprehensive Revisions to Healthcare Transaction Notification Law with Significant Implications for Private...

Goodwin on

On January 8, 2025, Massachusetts Governor Maura Healey signed House Bill 5159 (H.5159), “An Act Enhancing the Market Review Process” (the “Act”), which, among other things, broadens the scope of the state’s existing...more

Venable LLP

Event in Review: Major Fraud and Abuse Laws: Anti-Kickback and Self-Referral Prohibitions and False Claims

Venable LLP on

Investment in the healthcare industry requires careful consideration, as it involves numerous distinct areas of the law. Venable's Private Equity Investment in Healthcare webinar series explores the unique issues and timely...more

K&L Gates LLP

Private Equity Firms Should Prepare for Increased Scrutiny as DOJ Puts False Claims Violations Under the Microscope

K&L Gates LLP on

Private equity investment in health care has grown significantly over the past two decades, and the US government is starting to pay attention. Recent announcements by the US Department of Justice (DOJ) and proposals by...more

Goodwin

DOJ Renews Focus on Private Equity Amid Record False Claims Act Enforcement

Goodwin on

2023 was another record year for False Claims Act enforcement. On February 22, 2024, the U.S. Department of Justice (DOJ) announced that the federal government and whistleblowers were party to a record number of FCA...more

Pietragallo Gordon Alfano Bosick & Raspanti,...

Private Equity in the Crosshairs as Qui Tam Case Heads Toward Trial

The District of Massachusetts issued the very first summary judgment decision in a False Claims Act (FCA) lawsuit involving a private equity (PE) firm. The decision provides valuable insight into how the FCA may apply to PE...more

Maynard Nexsen

Considerations for Private Equity and Venture Capital Groups Interested in the Health Care Industry

Maynard Nexsen on

Health care spending in the United States reached $3.6 trillion in 2018 and is projected to reach $6.2 trillion by 2028. With such a large amount of money concentrated in the health care industry, it is no wonder why private...more

BCLP

What PE Firms Need to Know about Whistleblower Risk & How to Mitigate It

BCLP on

Private Equity firms face risk from whistleblowers within their portfolio companies. There are some industries that are more susceptible to whistleblower risk, such as health care, telecom and military contracts....more

BCLP

What PE Firms Need to Know about their False Claims Act Risk

BCLP on

Private equity firms have recently become targets of False Claims Act (FCA) liability. This new risk exposure comes from portfolio companies that do business with the government, which necessarily exposes those portfolio...more

Troutman Pepper Locke

Recent Case Emphasizes that Private Equity Firms May Face Federal Prosecution in Actions Targeting Portfolio Health Care Companies

Troutman Pepper Locke on

Private equity firms with portfolio health care entities should stay informed of federal regulations or risk allegations of Anti-Kickback Statute and False Claims Act violations in regards to their platform and portfolio...more

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