New Trial Denied But Judgment Cut By $270M In FCA Suit Against Ophthalmic Company

(February 13, 2024, 1:16 PM EST) -- ST. PAUL, Minn. — A Minnesota federal judge reduced a $487,048,705.13 judgment against an ophthalmic company and its owner to $216,675,248.55 in a whistleblower’s qui tam suit alleging violations of the False Claims Act (FCA) and Anti-Kickback Statute (AKS) related to kickbacks paid to eye surgeons to use the company’s products for cataract surgeries paid for by Medicare....