Tuesday, April 28, 2015

Minimizing The Problem Of Qui Tam Suits

By Bob Oliver


Those who are familiar with fraud may, in turn, know the details regarding qui tam lawsuits. For those who do not know, these suits can be applied to various situations, ranging from overpayment of Medicare to unpaid taxes. How, exactly, can these lawsuits be prevented by those who may be fearful of legal consequences? From what I have seen, it's all about obtaining information, which is what these points will discuss in detail.

One of the first ways to prevent qui tam lawsuits is to inform employees as much as possible. Companies should make it a point to teach their workers about the False Claims Act, for example, which is able to protect them in case they report on fraud. What this means, more specifically, is that a whistleblower's employment will not be at risk. What this will do, more than anything else, is that it will help to inform those who probably wouldn't have seen much use in the information otherwise.

The benefits of a legal counsel cannot be overlooked, either. Even though the aforementioned topic of the FCA may be covered, there's no doubt that there will be confusion regarding the signs of fraud. For this reason, a counsel of this nature will be able to pinpoint these very signs and work effectively based off of them as well. As you'll come to learn, this particular entity will ensure an even lesser risk of lawsuits being seen.

Let's say that you're still looking for information about qui tam suits, in general. For those who are curious about what authorities exist, names like Whistleblowers Against Fraud are more than worth noting. When these lawsuits are discussed by companies that have worked with them for years, it's clear that relevant information will be obtained. To say that said information is useful would be an understatement, but you have to inquire so that it may be obtained.

It's unfortunate that qui tam cases are pretty common in this day and age. While this situation definitely deserves more attention, preventive measures can be taken, as mentioned earlier. These particular measures will be more than helpful when it comes to keeping the risk of suits down to a lower level. Even though this situation may very well concern people, it's not like there aren't resources worth taking advantage of, either.




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