The 10 Largest Qui Tam Whistleblower Rewards
A qui tam whistleblower award is typically between 15 and 30 percent of the amount collected by the government in a successful qui tam case. When considering blowing the whistle on fraudulent practices within your organization, it is critical to contact a qualified attorney as quickly as possible. James Ratner has more than 15 years of experience successfully representing whistleblowers throughout the country.
If you suspect that your company is acting unlawfully and you have the ability to acquire the necessary evidence to support your claim, please contact the Law Office of James T. Ratner today at (845) 750-3293 to schedule a free consultation.
Blowing the whistle on big corporations carries certain risk, but it also offers the potential for big rewards. The following are some of the largest False Claims Act and qui tam whistleblower rewards to date:
- GlaxoSmithKline (Reward - $250 million): As a reward for blowing the whistle on GlaxoSmithKline in 2012, four whistleblowers split an estimated $250 million reward. GlaxoSmithKline paid a total of $3 billion for illegal marketing practices involving Paxil, Wellbutrin and Avandia.
- Bank of America (Reward - $170 million): As part of a larger, $16.65 billion payout, whistleblowers shared a $170 million reward for exposing Bank of America's fraudulent practice of labeling high-risk mortgages as safe and selling them to government-insured mortgage companies.
- Johnson & Johnson (Reward - $167 million): In 2012, Johnson & Johnson paid $2.2 billion to settle off-label fraud and kickback allegations related to the prescription drugs Risperdal, Natrecor and Invega. The whistleblower received $167 million in rewards.
- HCA (Reward - $151 million): Formerly known as “Columbia HCA – The Healthcare Company”, HCA Inc. paid $631 million (and more than $10 million in interest) in response to allegations of physician kickbacks and issuing fraudulent cost reports. The whistleblowers in this case were awarded $151.5 million.
- Tenet Healthcare (Reward - $150 million): Tenet Healthcare paid $900 million to settle allegations that it engaged in bill padding, upcoded DRG codes, paid kickbacks and fraudulently manipulated Medicare outlier payments. For reporting the fraud, the whistleblower received $150 million in 2006.
- HCA (Reward - $150 million): In 2000, HCA The Healthcare Company (formerly known as Columbia HCA) was the largest for-profit hospital chain in the U.S. In a settlement to resolve allegations of upcoding, billing for unnecessary lab tests and non-reimbursable costs involving home health agencies, HCA paid $745 million dollars (in addition to $95 million in criminal fines). The whistleblowers received more than $150 million.
- Pfizer (Reward - $102 million): Pfizer agreed to pay the U.S. Government more than $2.3 billion to settle several cases in 2009. In addition to a $1.3 billion criminal fine, Pfizer paid $1 billion to settle False Claim Act liabilities involving 12 separate pharmaceutical products, including Viagra and Zyrtec.
- Merck (Reward - $97 million): Following allegations that it paid doctors kickbacks and failed to pay appropriate rebates to Medicaid, Merck & Company paid a settlement of $650 million to the U.S. government. Fifteen percent of $650 million would be $97.5 million. However, the government never disclosed the actual amount finally awarded to the whistleblowers.
- TAP (Reward - $95 million): TAP Pharmaceutical Products Inc. paid $875 million as a result of civil and criminal allegations in 2001. $559 million was paid in False Claims Act liabilities for drug pricing and marketing conduct, resulting in a $95 million whistleblower reward.
- JP Morgan (Reward - $92 million): In 2014, JPMorgan Chase paid $614 million to settle allegations of originating and underwriting non-compliant mortgage loans. The government never disclosed the whistleblower reward, but the base amount of 15 percent would have been roughly $92 million.
If you believe you have a potential qui tam action, please contact James T. Ratner today by calling (845) 750-3293 or by completing the form on this page to schedule a free, strictly confidential consultation. Mr. Ratner welcomes clients from New York and across the nation