Assortment of pills in news article at Young Law Group website. Also representing REMS

False Claims Act Lawsuits over REMS Safety Education

REMS Program Results in FCA Lawsuits After a number of whistleblower lawsuits under the False Claims Act, Novo Nordisk will pay approximately $59 million to settle allegations that it minimized the cancer risk of Victoza, a diabetes medication, after the FDA required it to provide safety communications pursuant to a Risk Evaluation and Mitigation Strategies...

100 Dollar Bills representing settlement and False Claims Act

False Claims Act Yields $519 Million for Whistleblowers in FY2016

False Claims Act Helps Recover $4.7 Billion The Justice Department announced the third highest annual recovery in the history of the False Claims Act yesterday – $4.7 billion for the federal government for fiscal year 2016 (ending Sept. 30th). Whistleblowers received awards of $519 million for their assistance recovering $2.9 billion – more than half...

Whistleblower Case: $95.5M Settlement in Education Management

Education Management Corp, a for-profit college company often abbreviated as EDMC, has settled a whistleblower lawsuit brought under the False Claims Act alleging illegal recruiting practices for $95.5 million. Education Management is the second-largest operator of for-profit colleges in the United States. It teaches more than 100,000 students enrolled across the nation in Brown-Mackie College,...

100 Us Dollar Banknotes, representing False Claims Act

For-Profits Spend Big on Advertising

Voxxi: For-Profits Spend Big on Advertising On November 29, 2012, Voxxi reported that for-profit colleges are spending big money on advertising. For-profit colleges allocate enormous amount of funding toward marketing and surprising little amount of money goes towards education. The Department of Education states that approximately 12 percent of all students participating in higher education...

Community vs. For-Profit Colleges

Cost Comparison – Community vs. For-Profit Colleges On November 20, 2012, Ozarks Technical Community College in Springfield, Missouri released a video on Vimeo that compared its annual cost to attend its school to the cost of attending for-profit colleges. Ozarks Technical Community College compared the cost of attending its school compared to Bryan, ITT Tech,...

For-Profit Colleges Preying On Returning Veterans

Report: For-Profit Colleges Preying On Returning Veterans On November 17, 2012, the Merced Sun-Star reported fears that for-profit colleges preying on returning veterans using the Post-9/11 GI Bill are all too real. The author believes the GI Bill is problematic because GIs are viewed merely as “dollar signs in uniform.” For-profit colleges are eager to sign...

100 Us Dollar Banknotes, representing Barclays Whistleblower

For-Profits Enrollment Drops: The Secret Is Out

For-Profits: The Secret Is Out On November 2, 2012, Tuition IO reported that for-profit colleges are starting to suffer from significant drops in enrollment lately likely caused by increased competition from nonprofit colleges as well as increasing numbers of students becoming informed about the dangers of for-profit schools. In short, the secret is out on...

Close Up of Building - Settlements for Justice Department, representing government's veto power

GAO Reports On The Experiences of Undercover Students

GAO Reports On The Experiences of Undercover Students On October 31, 2011, The United States Government Accountability Office (GAO) released a report on For Profit Colleges entitled “FOR-PROFIT SCHOOLS Experiences of Undercover Students Enrolled in Online Classes at Selected Colleges.”The GAO conducted an investigation of 15 for-profit colleges, including the 5 largest for-profit colleges, and...

For-Profit vs. Non-Profit and Public Schools

For-Profit vs. Non-Profit and Public Schools On December 7, 2011, The United States Government Accountability Office (GAO) released a report on For Profit Colleges entitled “POSTSECONDARY EDUCATION—Student Outcomes Vary at For-Profit, Nonprofit, and Public Schools.”The GAO wanted to shed light on the quality of the education provided by for-profit colleges versus non-profit or public colleges.The...

Student Loan Experts Advocate for School Accountability

Student Loan Experts Suggest Increased Responsibility for Schools Many theories abound when it comes to fixing the problems of student loans in America. Many Americans are saddled with massive student loan debts well into the establishment of their careers. June 2012 saw a panel of finance experts confront the problems of student loans at an...

Tag: education fraud