A settlement has been reached to resolve False Claims Act allegations against Stericycle Inc.
The whistleblowers' share of the settlement will be approximately $5.5 million.
The allegations arose from a lawsuit, claiming Stericycle Inc of artificially inflating its prices by 18% on its government customers. The total amount of overcharges, between 2004 and 2008, were determined to be approximately $12 million. Under qui tam law, the government is allowed to collect up to three times the alleged damages, plus additional civil damages.
These allegations were brought forward by a former government customer relations specialist for Stericycle Inc.