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Oracle False Claims Settlement Could Go Over $200M—10/7/11

Software company Oracle Corp. and Oracle America will pay $199.5 million plus interest to the General Services Administration. The settlement is expected to be the largest false claims settlement ever collected by the General Services Administration. The settlement falls under the whistleblower provisions of the False Claims Act, as the company failed to meet its contractual obligations regarding a 1998 agreement with GSA.

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