COVID-19 Test Fraud Cases Reach Resolution

The owner of a Chicago COVID-19 testing lab plead guilty to wire fraud for billing the government for COVID-19 tests that were not performed. Also, test developer Talis Biomedical agreed to pay $32.5m to settle a shareholder suit.

"Charlotte, NC / USA - April 9 2020: Billboard promoting a COVID-19 Fraud hotline for those who may be victims of fraudulent activity during the Corona Virus pandemic"

Two legal cases involving COVID-19 test fraud appear headed to a resolution, with an Illinois lab owner entering a guilty plea while a California test developer proposed a settlement in a case filed by shareholders.

The cases are part of what legal experts anticipate may be a wave of device industry lawsuits and enforcement actions...

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