Thursday, September 8, 2022

Colorado Company and Owner Agree to Pay $625,000 for Alleged False Claims Related to Buy American Act, Whistleblower to Collect $124,500

On September 6, 2022, The Department of Justice announced that Instec, Inc., located in Boulder, Colorado, and Dr. Zhong Zou, Instec's owner and president, have agreed to pay $625,000 to resolve allegations that the company and Zou violated the False Claims Act by failing to comply with the requirements of the Buy American Act when selling scientific instruments to federal agencies and national laboratories.

The civil settlement includes the resolution of claims brought by a former Instec employee under the qui tam provisions of the False Claims Act. These provisions allow a private party, known as a relator, to file an action on behalf of the United States and receive a portion of any recovery. In this case, the relator will receive $124,500 as part of the settlement.

Read more HERE.

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