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Oracle to Pay $199.5 Million to Settle Claims Involving Software and Support Services Procurement Violations

MR - Oracle has agreed to pay $199.5 million plus interest for failing to meet its General Services Administration (GSA) contractual obligations. The Oracle settlement is the largest False Claims Act resolution ever obtained by the GSA. The agreement relates to a contract entered into with Oracle in 1998 to license software and technical support services to government entities through the GSA's MAS program. Former Oracle employee, Paul Frascella, will receive $40 million as his share of the recovery in the case. The settlement resolves his lawsuit filed on behalf of the US government under the whistle-blower provisions of the False Claims Act. In the US, private citizens can bring lawsuits on behalf of the US and will receive up to 25 percent of any recovery. (600 words) . . . (to read the remainder of this article, please log in below.)
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