04 03 2016

Citigroup Prevails on Appeal Before the Ninth Circuit

Paul, Weiss obtained a victory for CitiMortgage Inc. when the U.S. Court of Appeals for the Ninth Circuit affirmed the District Court's dismissal of the qui tam claim filed by relators under the False Claims Act (FCA).


CitiMortgage argued that the claims should be dismissed because the FCA prohibits making false statements to an "officer, employee or agent" of the United States, and the alleged recipients here, Fannie Mae and Freddie Mac, are not agents of the U.S. The Ninth Circuit agreed, concluding that "Fannie Mae and Freddie Mac are private companies, albeit companies sponsored or chartered by the federal government." The Paul, Weiss team included former litigation partner Maria Vullo (Picture).   Involved fees earner: Maria Vullo - Paul, Weiss, Rifkind, Wharton & Garrison LLP;

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