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$1.65 Million Settlement over a False Claims Act Allegations Against Wal-Mart Stores Inc Announced by Whistleblower Institute

Via: ReleaseWire

Updated 10:00 AM CDT, Tue, September 19,2017

The Whistleblower Institute announces that Wal-Mart Stores Inc reached a $1.65 million settlement in a whistleblower lawsuit.

San Diego, CA -- (SBWIRE) -- 09/19/2017 -- The Whistleblower Institute announces that Wal-Mart Stores Inc reached a $1.65 million settlement in a whistleblower lawsuit filed by a former employee over knowingly submitting claims for reimbursement to California's Medi Cal program that were not supported by applicable diagnosis and documentation requirements.

Those who have a similar case or experienced a similar situation or any other wrongdoing within a corporation have certain options and should contact the Whistleblower Institute at mail@whistleblowerinstitute.com or call: 619-452–1218. There are no costs or obligations to you.

A settlement has been reached to resolve False Claims Act allegations against Wal-Mart Stores Inc.

The allegations arose from a lawsuit that claimed Wal-Mart Stores Inc knowingly submitted claims for reimbursement to California's Medi Cal program that were not supported by applicable diagnosis and documentation requirements.

"These Medi-Cal regulations are essential to protect both patients and limited heath care funding," said U.S. Attorney Talbert. "My office will continue to hold pharmacies accountable when they fail to comply with regulations like these."

The settlement resolved allegations that Walmart failed to confirm and document the requisite diagnoses, and in some instances dispensed drugs for non-approved diagnoses, then knowingly billed Medi-Cal for these prescriptions.

Reportedly, the allegations were brought forward by a pharmacist who has worked at Walmart locations in the greater Sacramento area. The whistleblowers' share of the settlement will be approximately $264,000.

Based in Bentonville, Arkansas, Walmart is a multinational retailing corporation that operates as a chain of hypermarkets, discount department stores, and grocery stores.

The Whistleblower Institute is an information portal for current or former employees and other people having insight information about wrongdoing and other illegal activities by individuals either individually or within corporations, through company culture and or within international affairs. Whistleblowers should keep in mind that under the Dodd-Frank Act any person who provides the Securities and Exchange Commission ("SEC") with original information that leads to a successful enforcement action with over $1 million recovered must be awarded between 10%-30% of the total amount recovered. In order to determine the total amount of the reward there are numerous factors that need to be considered. Whistleblower actions are complex and our goal is to guide any whistleblower every step of the way. The Whistleblower Institute is dedicated to partnering with any individual who have information about fraud and we work with many of the best law firms worldwide.

Those who have a similar case or experienced a similar situation or any other wrongdoing within a corporation have certain options and should contact the Whistleblower Institute.

Contact:
Whistleblower Institute
2534 State Street - Suite 406
San Diego, CA 92101, USA
Phone: +1 (619) 452–1218
Facsimile: +1 (619) 785 – 3185
Email: mail@whistleblowerinstitute.com

The material was prepared by the Whistleblower Institute for informational purposes only and is not legal or financial advice. The information is provided only as general information which may or may not reflect the most currently available public information, is not provided as a basis for any established or existing relationship, and is not intended to constitute legal or financial advice, or to substitute for obtaining such advice from an attorney or other advisor licensed in your state.

For more information on this press release visit:
http://www.sbwire.com/press-releases/165-million-settlement-over-a-false-claims-act-allegations-against-wal-mart-stores-inc-announced-by-whistleblower-institute-866868.htm

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