Another Year of Record False Claims Act Enforcement in the Financial Services Industry

The federal government continues to use the False Claims Act (FCA) as one of its prime enforcement tools against banks and mortgage companies. In 2016 alone, the Department of Justice obtained $1.6 billion in FCA settlements and judgments from the financial services industry. As it does each year, Bradley has assembled an overview of the year’s major FCA developments and opinions to keep you abreast of the status of law. You may find our 2016 Year in Review here.