How Much Do Defendants Pay if They Lose a Qui Tam Lawsuit?
Qui tam lawsuits are designed to help the government recover lost money from individuals or companies that participate in fraudulent activities at its expense. If a person or organization is determined to have knowingly participated in fraudulent activity, not only will that party be responsible for paying back any lost money, but the party will also be required to pay additional damages known as treble damages.
What Are Treble Damages?
The False Claims Act, a federal law that imposes liability on persons and companies that defraud the government and governmental programs, allows for treble—or triple—damages to be imposed on parties that took part in fraudulent activities.
A person or party required to pay treble damages must pay back the original amount of money obtained through fraud times three. That means a party that engages in fraud and obtains $1 million would be required to pay back at least $3 million in treble damages. Many qui tam lawsuits also require that the party that engaged in fraud pay additional penalties for each infraction or known fraudulent activity.
Matt Hardin Law Knows Qui Tam Lawsuits
If you’re aware of fraudulent activity occurring at your workplace, at a government agency, or at a contract agency working with the government, you may have a qui tam case on your hands that could make you eligible to receive compensation.
The Nashville qui tam attorneys at Matt Hardin Law know how to help Tennesseans like you file successful qui tam lawsuits that not only stop harmful fraudulent activity, but also increase your chances of receiving money from the government for helping to bring the fraud to light.
Because of the complexity of qui tam lawsuits, it’s important that you have an experienced and knowledgeable attorney on your side from day one in order to maximize your chances of success.
Get in touch with our legal team today—just dial (615) 200-1111 or complete our free online form. Your information will be kept strictly confidential and we’ll review the evidence to help determine the merit of your claim before we take action. Contact us now, and let us start working for you.