Health Labs agree to pay $48.5 million to settle dispute under False Claims Act

April 13, 2015 1:16 AM

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Two U.S. medical testing laboratories have agreed to pay $48.5 million in fine to settle the lawsuit regarding unnecessary testing and unfair trade practices under the False Claims Act.

Richmond, VA-based Health Diagnostics Laboratory Inc (HDL) has agreed to pay $47 million to settle the lawsuit. Alameda-based Singulex Inc. has also reached an agreement to pay $1.5 million in fines. While HDL has not commented on the issue, Singulex has denied any wrongdoing in a recently issued st...

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