According to the terms of the settlement, Diagnostic labs, a medical laboratory situated in California, has agreed to pay $19.4 million to resolve a whistleblower complaint. Both the federal government and the state governments will get the funds. After reporting bribes and hidden discounts, the two individuals who blew the whistle on the firm claimed that their job was terminated as a result of their involvement. Attorneys who specialize in securities and whistleblower cases in California assert that employees who disclose misconduct and are terminated as a result of their actions have legal rights. In this particular instance, it is claimed that Diagnostic Laboratories committed fraud against Medicare and Medi-Cal by billing them charges for services that were much greater than those charged to other clients. Reportedly, the corporation was surreptitiously charging nursing homes cut-rate costs for the same services that they were invoicing Medicare and Medi-Cal for at higher rates. The whistleblowers were two former workers who revealed that the company was doing this. When Medicare and Medi-Cal were billed, the charges were allegedly eighty percent more than they were before. The public is reminded by lawyers who specialize in securities and whistleblower cases in the state of California that whistleblowers save the taxpayers millions of dollars every year. According to a statement released by Diagnostic Laboratories, the company feels that it could have successfully defended itself against the allegations in a jury trial; nonetheless, it has made the decision to settle the matter in order to save the time and cost of further litigation. Additionally, a spokeswoman for the firm noted that the settlement pertains to activities that were initiated by the previous ownership, and that the organization would be able to focus on delivering health care services to older citizens as a result of the settlement. In the present instance, the individuals who blew the whistle were employed in the sales department of Diagnostic Laboratories. Because they were reporting the suspected fraud, they risked losing their means of subsistence. As a result of revealing the alleged malfeasance, whistleblowers and securities lawyers in the state of California claim that they did the taxpayers a service. Cases involving whistleblowers and false claims, consumer fraud class actions, insurance and banking fraud, consumer product liability, elder abuse, and personal injury are among the areas of practice that Evans Law Firm, Inc. assists with. If you believe that you have been a victim of financial fraud committed by an insurance company, bank, or person, then you should call Evans Law Firm, Inc. at (415) 441-8669 for a consultation that is both free and private, or you can send an email to info@evanslaw.com.
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