Liability Risk and Insurance
Whistleblower wins US$78mn
In a business misconduct case settled by TAP Pharmaceuticals for US$875mn, a
qui tam
suit on behalf of Douglas Durand, who originally drew attention to the misconduct, has led to agreement for him to receive
14% of the settlement. The misconduct involved payment of kickbacks to doctors, and coaching them to cheat Medicare in the
promotion of a prostate cancer drug.