
WASHINGTON, Nov. 20 (UPI) -- Former U.S. Attorney General John Ashcroft's Washington firm is set to collect $52 million to monitor a court settlement engineered by the Justice Department.
Ashcroft Group Consulting Services was one of five private attorney groups selected by the U.S. attorney in New Jersey to monitor a settlement of a federal probe into alleged kickbacks paid by manufacturers of artificial knee and hip joints.
The Newark Star-Ledger said Tuesday that Securities and Exchange Commission documents recently revealed that the payments include more than $1.5 million per month to Ashcroft Group plus $750,000 paid to the firm's "senior leadership group."
The fees are paid by the manufacturers named in the lawsuit, which alleged that surgeons were paid to use their products in violation of Medicare rules.
A spokesman for Ashcroft told the Ledger that the deal was a fairly standard arrangement for such major cases. A number of other former U.S. attorneys, including some who were sacked by Ashcroft's successor, Alberto Gonzalez, were also tabbed to act as monitors in the case.
|
|
|
|
|
|
| Additional Top News Stories | |
BAILIEBOROUGH, Ireland, May 27 (UPI) --
Two spectators were killed Sunday when a rally car at a race in Bailieborough, Ireland, crashed into a crowd on the side of a rural road, officials said.
|
'Men in Black' leads U.S. box office ... Michelle Obama, daughters see Beyonce ... Lady Gaga cancels Jakarta gig for security ... Madonna asks for pool at Israel venue ... News from United Press International.
|
To avoid a meltdown in 2006, Ford Motor Co. mortgaged the farm putting up its assets – including its Blue Oval logo, and F-150 pickup and iconic Mustang trademarks – to secure $23.5 billion in credit.
|
Wedding parties told to quiet down ... Jersey falcons put up a squawk ... Man charged in drive-through gun incident ... iCloud sends pics of suspected phone thief ... Watercooler stories from UPI.
|
| Stories | Photos | People | Comments |
View Caption