CVS Caremark ordered to pay $290M after Medicare fraud scheme exposed by former Aetna whistleblower

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A federal judge has ordered CVS Health’s pharmacy benefit manager, Caremark, to pay nearly $290 million after a whistleblower accused the business of overcharging Medicare on prescription drugs more than a decade ago. Sarah Behnke, a former Aetna actuary, alleged Caremark defrauded Medicare Part D by causing false drug cost reports to be submitted in […]


Elon Musk must face Twitter shareholders’ lawsuit over alleged securities fraud

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Elon Musk’s Twitter profile displayed on a computer screen and Twitter logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on April 9, 2022. Jakub Porzycki | Nurphoto | Getty Images A proposed class-action lawsuit against Elon Musk and his family office Excession can proceed in federal court, […]


CFPB sues JPMorgan Chase, Bank of America, Wells Fargo over Zelle fraud

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Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress,” in the Dirksen Building on Nov. 30, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Consumer Financial Protection Bureau on Friday sued the operator of […]