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How Does the False Claims Act Help Combat Government Fraud?
The False Claims Act (FCA) is a legal measure designed to protect the integrity of government expenditures. Enacted during the American Civil War in 1863, its primary purpose was to curb defense contractor fraud, an objective that has since broadened to encompass a range of fraudulent activities against the federal government. At Miller Shah LLP, we continue that commitment to justice by supporting whistleblowers who bring fraudulent activities to light…
What Constitutes a Hostile Work Environment?
Maintaining a respectful and inclusive work environment is not only a moral obligation but also a legal requirement. However, instances of discrimination and harassment persist, undermining the integrity and productivity of the workplace. Understanding the legal concept of a hostile work environment and its significance in cases of workplace discrimination or harassment can offer guidance to employees experiencing these challenging situations. The Essence of a Hostile Work Environment A hostile…
Miller Shah LLP Is Investigating Cummins Inc. (NYSE: CMI) on Behalf of Long-Term Shareholders
On January 10, 2024, Cummins Inc. (“Cummins” or “CMI”) (NYSE:CMI), the California-based engine manufacturer, agreed to pay a $1.675 billion penalty in a settlement with the Environmental Protection Agency (“EPA”) and Department of Justice (“DOJ”) regarding vehicle emissions control violations under the Clean Air Act. This is the largest civil penalty in the history of the Clean Air Act and the second largest environmental penalty ever. The EPA and DOJ alleged…
Miller Shah LLP is Investigating Tiger Global Private Investment Portfolio XV and XVI (PIP 15 and PIP 16) Over Reported Losses
On November 22, 2023, Tiger Global Management LLC (“Tiger Global”) announced that its Private Investment Chief Officer, Scott Schleifer, is stepping down from this role and transitioning to become an advisor for the firm. From 2021 to 2023, Schleifer headed Tiger Global’s private investment practice through Private Investment Portfolio XV and XVI (PIP 15 and PIP 16), which have reportedly incurred losses of 30% or more over the last two…
Miller Shah LLP Is Investigating the Kinetics Paradigm Fund (WWNPX) Over Its Concentrated Position in Texas Pacific Land Corp. (TPL)
For several years, the Kinetics Paradigm Fund, along with other funds managed by Horizon Kinetics, has been accumulating concentrated positions of Texas Pacific Land Corporation (“Texas Pacific Land”). The Kinetics Paradigm Fund offers Class A shares (KNPAX), Class C shares (KNPCX), Class Institutional shares KNPYX) and no load shares (WWNPX) Texas Pacific Land (NYSE: TPL) is the largest private landowner in Texas and generates revenues from land and water resource…
Miller Shah LLP Finalized $124.6 Million Settlement with DST Systems
On October 25, 2023, U.S. District Judge Andrew L. Carter, Jr. granted final approval of a $124.6 million settlement reached in a class action lawsuit against Ruane, Cunniff & Goldfarb Inc., DST Systems, Inc., the Advisory Committee of the DST Systems, Inc. 401(k) Profit Sharing Plan, the Compensation Committee of the Board of Directors of DST Systems, Inc., and Robert D. Goldfarb (collectively, “DST Systems”). The settlement resolves allegations that…
Miller Shah LLP Finalizes $13 Million Settlement with Eversource
On September 27, 2023, U.S. District Judge Janet C. Hall granted final approval of a $15 million settlement reached in a class action lawsuit against Eversource Energy Services Company, the Board of Directors of Eversource Energy Services Company (“Board”), the Eversource Plan Administrative Committee (“Administrative Committee), and the Eversource Investment Management Committee (“Investment Committee”) (collectively, “Eversource”). The settlement resolves allegations that Eversource mismanaged the Eversource 401(k) Plan (“Plan”), to the…
Popeyes Faces Lawsuit Over Overtime Pay and Pandemic-Related Labor Changes
On July 24, 2023, the Honorable Lisa G. Wood of the United States District Court for the Southern District of Georgia denied a summary judgment bid filed by Sailormen, Inc. (“Defendant”), the owner of a chain of Popeyes Louisiana Kitchen (“Popeyes”) restaurants in Florida and Georgia. The lawsuit concerns allegations that Defendant mishandled overtime payments and benefits for store managers during the COVID-19 pandemic, highlighting the complexities of labor laws…
Verizon Agrees to $30 Million Settlement in ERISA Class Action
On July 7, 2023, Plaintiff Melina Jacobs (“Plaintiff”) filed an unopposed motion for preliminary approval of class settlement to resolve claims she brought on behalf of herself, the Verizon Savings Plan for Management Employees (the “Plan”), and other participants of the Plan against Verizon Communication, Inc., (“Verizon”), Verizon Investment Management Corp, the Verizon Employee Benefits Committee, and Marc C. Reed, Matha Delehanty, Andrew H. Nebens, Connia Nelson, Shane Sanders, Robert…
Booz Allen Settles False Claims Act Lawsuit for $377 Million
On July 21, 2023, the Department of Justice (“DOJ”) announced that Booz Allen Hamilton Holding Corporation (“Booz Allen” or the “Company”), a Virginia-based provider of data analytics, digital solutions, and consulting services, has agreed to pay $377.45 million to resolve alleged violations of the False Claims Act, 31 U.S.C. §§ 3729–3733 (“FCA”). The settlement, one of the biggest procurement fraud settlements in DOJ history, specifically resolves allegations that Booz Allen…
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