Today's Date: February 8, 2023
Lucet Appoints Andrew Cylkowski as Chief Commercial Officer   •   Snap to Host its Fifth Annual Snap Partner Summit on April 19, 2023   •   Paragonix Announces First Pediatric Use of LUNGguard™ System in Groundbreaking “Time Shift” Lung Transplantati   •   Chrissy Teigen Partners with Cord Blood Registry®   •   Acclaimed Climate Change Documentary “12th Hour” Narrated by Emmy Nominated Actor David Morse Available to Stream No   •   Express Announces Tan France as New Lead Stylist   •   HIGHLIGHTS ANNOUNCES LAUNCH OF KINDNESS COLLECTION DESIGNED TO CREATE CURIOUS, CREATIVE, CARING, & CONFIDENT CHILDREN   •   Wolters Kluwer CT Corporation Experts to Share Key Updates to Compliance Obligations in Delaware   •   Kessler Foundation grants nearly $1 million to expand employment opportunities for people with disabilities striving to work in   •   Northwestern Mutual Accelerates ESG Momentum in 2022 Sustainability Report   •   Experian Health Earns the Highest KLAS Ranking in the Claims Management and Clearinghouse and Revenue Cycle: Contract Management   •   Children's Cancer Center Announces Vantagepoint A.I. As February Partner Of The Month   •   reVolver Podcasts Launches New Shows on Amp, the Live Radio App from Amazon   •   HID Acquires GuardRFID to Expand Healthcare Offering, Create Safer Experiences for Patients and Staff   •   Work-Life Imbalance Cited as Top Stressor for Working Women Today, 24 Seven Report Finds   •   LivaNova Initiates Limited Commercial Release in Europe of the Essenz Perfusion System for Cardiopulmonary Bypass Procedures   •   Research Funding Available for Preeclampsia and Related Pregnancy Disorders   •   Kids And Kidults Flock to the New Crazy Aaron's "Crazy Creator" Experience at the World-Famous FAO Schwarz in NYC   •   STAND UP TO CANCER ANNOUNCES FOUR TEAMS FOCUSED ON DIVERSITY IN EARLY PHASE CANCER CLINICAL TRIALS   •   Applied Statistics and Management, Inc.’s flagship software MD-Staff is named 2023 Best in KLAS in Credentialing by KLAS R
Bookmark and Share

Baron & Budd Obtains $23.8 Million Settlement in Whistleblower Lawsuit Against Essilor

WASHINGTON , December 05 /Businesswire/ - Today, the nationally recognized law firm of Baron & Budd announced a settlement of $23.8 million in a whistleblower lawsuit filed against eye glass lens manufacturer, Essilor Laboratories of America, for violations of the California Insurance Frauds Prevention Act. The lawsuit alleged the company paid hundreds of millions of dollars in kickbacks and other incentives to eye care providers (ECPs) in exchange for selling its expensive lens products. This follows a $22 million False Claims Act settlement against Essilor in August 2022 in which Baron & Budd also represented the whistleblower client.

The lawsuit also alleged that the company “engaged in a far-reaching scheme including the offer and/or payment of both ‘classic’ kickbacks – vast amounts of cash, trips, and lavish entertainment – as well as free and/or reduced-cost professional services including marketing support and business consulting. Essilor offered and/or provided these kickbacks to eyecare professionals for the purpose of buying loyalty and rewarding those who switched to Essilor products and optical laboratory services.”

According to the suit, Essilor executed this scheme nationwide, including in the state of California, where it targeted and defrauded eyecare insurance companies and their insureds. These bribes caused the policyholders to pay more out-of-pocket costs for premium Essilor products and drove up the cost of benefits paid for by California insureds and their eyecare insurers.

The California Insurance Frauds Prevention Act (“IFPA”) was implemented to combat abusive practices aimed at defrauding private insurers and their insureds. Similar to the federal False Claims Act, California’s IFPA allows private citizens to file a lawsuit against those who commit insurance fraud and share in a portion of the recovery. The whistleblower in this case was a former Essilor employee with inside information about the kickback scheme.

“Whistleblowers, like our client, are crucial in the process of identifying and prosecuting companies like Essilor that perpetuate schemes that defraud insured individuals,” said Baron & Budd Shareholder Scott Simmer. “These schemes result in billions of dollars of added healthcare costs for people across the nation because of corporate greed. We are pleased that Essilor was held accountable for these blatant violations of IFPA.”

Ricardo Lara, California Insurance Commissioner, intervened and prosecuted the case in a public/private partnership along with Baron & Budd and other private firms.

With more than 30 years of experience in Qui Tam cases, the attorneys on Baron & Budd’s whistleblower representation team have represented numerous clients in government fraud cases returning over $6.0 billion to federal and state agencies, with whistleblower recovery shares as high as 49%.

About Baron & Budd, P.C.

Baron & Budd, P.C. is among the largest and most accomplished plaintiffs’ law firms in the country. With more than 45 years of experience, Baron & Budd has the expertise and resources to handle complex litigation throughout the United States. As a law firm that takes pride in remaining at the forefront of litigation, Baron & Budd has spearheaded many significant cases for hundreds of entities and thousands of individuals. Since the firm was founded in 1977, Baron & Budd has achieved substantial national acclaim for its work on cutting-edge litigation, trying hundreds of cases to verdict and settling tens of thousands of cases in areas of litigation as diverse and significant as dangerous and highly addictive pharmaceuticals, defective medical devices, asbestos and mesothelioma, California wildfires and environmental contamination, fraudulent banking practices, e-cigarettes, motor vehicles, federal and state whistleblower cases, and other consumer fraud issues.


STORY TAGS: Lawsuit, United States, North America, Legal, Professional Services, California, District of Columbia,

Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News