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by notch656a 1368 days ago
How much of this goes to the victims who were inappropriately prescribed drugs? 90%, 95% 100% ?
1 comments

Likely zero. It’s a payday for the violence monopoly.

I’m very stoked for this guy though and curious what his cut is and how that is determined. Any ideas?

> The United States agrees that Relator shall be awarded a share of $250,000,000 ofthe Federal Settlement Amount paid by Biogen.
Wow, I was expecting closer to 10%, which would still have been a ton of money ($84-90M depending on if it's of the Fed cut or total). 28-30% is huge.
Thus isn’t 30%.

The Fed gets $250MM, and he gets an unlisted percent of that amount.

He’s not getting $250MM.

The rest seems to be going to the states.

Are you sure? My read is the states get $50M, the fed gets $840M, and he gets $250M of that 840.

> Under the terms of the settlement, Biogen will pay $843,805,187 to the United States and $56,194,813 to 15 states.

That's not correct, have a look at the relator share agreement: https://www.justice.gov/usao-ma/press-release/file/1538256/d...
Oh wow. Ok I stand corrected. Wonder if they will pay.
That’s an epic reward, even if a large portion goes to legal help. How are there not more whistle blowers in big pharma? Granted, it was 7 years of hard work, but payoff is crazy.
He’s not getting $250MM, that is what the Fed gets (rest is going to States it seems).

He gets a % of the 250MM which I can’t find what it actually is.

I was wrong, it appears he will get $250MM if they end up having to pay.