Academy Mortgage Corp. convinced a federal appeals court to reverse an $8.7 million attorneys’ fees and expenses award for a False Claims Act whistleblower who alleged the company knowingly approved loans that didn’t comply with Federal Housing Administration rules.
The lower court inappropriately added a 1.75 multiplier to Gwen Thrower’s fee and expense award, the US Court of Appeals for the Ninth Circuit said in a Monday opinion.
Thrower originally sought $13.7 million in ...
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