Word: fca
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...questions to the four sets of lawyers, Woodlock suggested his views on crucial aspects of the case, partially undercutting several of Shleifer and Hay’s primary defenses while also expressing skepticism at the government’s attempts to seek damages under the False Claims Act (FCA...
...government says Harvard was responsible for the oversight of Shleifer and Hay and that all three are liable under FCA...
...more skeptical, however, of Bloom’s argument that the transgressions amounted to the more serious and potentially costly violation of FCA...
According to Woodlock, to establish that a FCA violation had occurred, Bloom would have to show Harvard knowingly submitted false information to the government...
...FCA complaint is crucial to the government’s attempts to inflict substantial monetary punishments on Harvard...