Credit Suisse Whistleblower Urges Panel to Provide Day in Court

May 8, 2024, 4:45 PM UTC

A whistleblower’s attorney urged the Fourth Circuit Wednesday to reinstate a suit against Credit Suisse AG alleging the concealment of information that deprived the US government of over $1 billion in a 2014 plea agreement.

The Justice Department—which said the False Claims Act suit interfered with law enforcement activities—convinced a Virginia federal district court to dismiss without an-person hearing for whistleblower John Doe. The FCA allows the government to dismiss a suit over a whistleblower’s objection as long as the whistleblower has an “opportunity” for a hearing on the motion.

The FCA required an in-person hearing because written arguments aren’t ...

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