Virtual Library Resource Summary
I Tell Them, I Tell Them Not: Deciding When and How to Disclose False Claims Act Lawsuits to Shareholders
Author: Jay A. Brozost and A. Jeff Ifrah
Year: 2008
Description: Receiving a letter from the US government stating that a qui tam action has been filed against your company can be a nightmare for the in-house attorney ordered to stay quiet about the case. With shareholder litigation on the rise, companies subject to the False Claims Acts need to consider all options—and in-house counsel need to prepare themselves for a tug of war between the laws and penalties that exist for violating a seal and those that require the disclosure of information to publicly traded companies.
Material Type: ACC Docket Article
Keyword(s): Compliance & Ethics, Corporate Governance, Corporate & Securities Law, Insurance, Litigation, Shareholder/Investor Relations
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