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News/Compliance & Enforcement/The FCA’s Reach Gets Longer: Private Equity Firms at Risk
Expert Opinion·Compliance & Enforcement Brief

The FCA’s Reach Gets Longer: Private Equity Firms at Risk

Last Wednesday, September 19, 2019, the Department of Justice (DOJ) announced a $21.36 million False Claims Act civil settlement with pharmacy Diabetic Care Rx LLC, or Patient Care America (PCA), two PCA executives, and⁠—most notably⁠—private equity firm Riordan, Lewis & Haden Inc.

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