Two whistleblowers have settled their False Claims Act suit against Mortgage Investors Corp. and a company executive alleging false certifications to the Department of Veterans Affairs under a veterans mortgage loan program.
The parties filed a stipulation of dismissal on Monday with the US District Court for the Northern District of Georgia. The filing didn’t disclose settlement terms.
Robert F. Elgidely of Fox Rothschild LLP in Miami, counsel for Mortgage Investors’ bankruptcy trustee Beth Ann Scharrer, said “the trustee is pleased the parties were able to reach a satisfactory resolution of the lengthy FCA litigation through the bankruptcy process and ...
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