4th Circuit Affirms Dismissal Of False Claims Act Allegations Against Bank

(February 21, 2017, 2:02 PM EST) -- RICHMOND, Va.— The Fourth Circuit U.S. Court of Appeals on Feb. 16 affirmed a district court's dismissal of claims for violation of the False Claims Act (FCA) against a bank, finding that a borrower failed to show that it was involved in a scheme that resulted in the submission of false claims (United States, ex rel., Lynn E. Szymoniak, et al. v. American Home Mortgage Servicing Inc., et al., No. 15-1720, 4th Cir., 2017 U.S. App. LEXIS 2742)....

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