On October 23, 2013, the US Chamber of Commerce published a paper co-authored by Peter Hutt of Akin Gump proposing a number of reforms to the False Claims Act. The reforms aim to deter genuine fraud while discouraging questionable and abusive lawsuits under the statute. The paper first proposes a model for incentivizing the adoption of voluntary compliance programs that, if adopted, offer companies the benefit of certain proposed False Claims Act reforms. Second, the paper describes eight proposed reforms that would address current inefficiencies in the way the statute operates and is enforced. These reforms seek, in part, to curb excessive and unjustified payments to whistleblowers and their attorneys. A copy of the paper is available here.
20 Dec '13