Sodexo Agrees to Settle Overcharging New York Food Service Clients for $20 Million

Sodexo, the world’s largest private food purchaser, has agreed to settle claims that it overcharged New York state school districts and the State University of New York from 2004 until 2009.  For $20 million, Sodexo will settle the claims of 21 public school districts and SUNY that Sodexo failed to pass along rebates it received from the suppliers of the food and equipment.

President Obama Signs Financial Reform Into Law

Today, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. This sweeping legislation will impact fraud enforcement and whistleblower cases. We will be posting more information about the new law in the days to come.

See also http://www.washingtonpost.com/wp-dyn/content/article/2010/07/21/AR2010072100512.

Maryland Biotech Company Pays $934,000 to Settle False Claims Act Lawsuit

Advanced BioNutrition Corporation, of Columbia, Maryland, and its former chief executive officer, David Kyle, paid the federal government $934,000, stemming from violations of the False Claims Act, federal prosecutors said Thursday. Advanced BioNutrition Corporation was awarded the first phase of a National Science Foundation Small Business Innovation Research grant in February 2005 to develop technology to micro-encapsulate probiotic bacteria into particles.

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