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Posts Tagged ‘Overcharging’

Alleged Over Pricing Leads to Largest-Ever False Claims Act Settlement

Alleged Over Pricing Leads to Largest-Ever False Claims Act Settlement

Software giant Oracle entered into the largest-ever settlement in the history of the False Claims Act in October 2011, agreeing to pay $199.5 million to resolve accusations that the company overcharged the federal government.

The settlement stems from allegations that the company withheld information about its commercial sales practices when negotiating prices with the federal...

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