March 13, 2008 marked the one year anniversary of the Virginia Fraud Against Taxpayers Act’s /files/116785-109034/DRA_regs.pdf”>Deficit Reduction Act of 2005. In a nutshell, the Commonwealth now gets an extra 10% of all monies received in false claims cases brought under the Virginia statute.
This is one of the biggest reasons for Virginia’s jump in recoveries for Medicaid fraud.
Almost immediately, the Commonwealth began to experience the benefits of passing a OIG-approved false claims act. On May 10, 2007, for example, a nationwide settlement of more than $600 million was announced against the Purdue Frederick Company, Inc. Virginia’s cut was a total of $58.8 million dollars.
Next week, we will begin looking at what this has meant for the Commonwealth’s budget in the past year.
Zachary A. Kitts
Cook & Kitts, PLLC
The Deficit Reduction Act of 2005 and the Virginia Fraud Against Taxpayers Act: One Year Anniversary
By Zachary Kitts on March 21, 2008 in Potential Uses of the Virginia Fraud Against Taxpayers Act
- Supreme Court of Virginia Issues First Bona Fide Qui Tam Opinion
- K&G Law Group included in the 2019 Edition of Best Lawyers in America
- VaQuiTamLaw.com Author Zach Kitts named to 2018 edition of Virginia Super Lawyers
- Update on the Amended California False Claims Act…and a short discussion of the concept of an “alternate remedy” provision in a state false claims act
- Updates from Annapolis — House of Delegates Committee Hears Testimony on the Maryland False Claims Act of 2013
- A Happy Belated Birthday for the federal False Claims Act!
- All Federal Court Practitioners Should be Aware of Proposed Changes to the Federal Rules of Civil Procedure
- Building a Precedent — First Recovery for a Local Government Employee under the Anti-Retaliation Provisions of the Virginia Fraud Against Taxpayers Act
- Checking in on the 2013 race for Virginia Attorney General…