Hedge Fund Settlement Shows Broad Reach Of New York FCA

By: Douglas W. Baruch, John T. Boese, Jennifer M. Wollenberg and Kayla Stachniak Kaplan

Law360 republished a recent Fried Frank FraudMail Alert titled, “Hedge Funds Become Latest Target for Whistleblowers: $40 Million Settlement in Tax Case Demonstrates Broad Reach of New York's False Claims Act.” The article discusses the federal False Claims Act (FCA), and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) as they relate to NY finance law. 

Click here to read the article.