Whistleblower qui tam cases are expensive to pursue and difficult to win. However the settlements resulting from these cases can be in the six figures. If you are an attorney or plaintiff with slow-paying whistleblower settlements, RD Legal Funding can convert your settled cases into immediate cash. To find out if you qualify for our proprietary Fee Acceleration post-settlement funding program, please fill out the brief application to the right for a free consultation with one of our legal funding specialists. You can also reach us at 1-800-565-5177 to speak with a Fee Acceleration expert.
The term “qui tam” is an abbreviation of the Latin phrase “qui tam pro domino rege quam pro se ipso in hac parte sequitur,” which means “he who sues in this matter for the king as well as for himself.” In 13th century England, private citizens used qui tam actions to access the King’s Court, receiving monetary rewards for bringing wrongdoers to justice.
In 1863, during the American Civil War, Congress enacted the False Claims Act (FCA) to tamp down corruption among private suppliers to the Union Army. Informants collected up to half of any recovered damages. Today, the Act is also known as Lincoln’s Law, the Informer’s Act, or the Qui Tam Statute.
Congress amended the Act in 1943, again to uncover unscrupulous World War II profiteers. Changes to the FCA reduced informers’ shares of the damages and imposed a personal knowledge requirement, making the suits very difficult to pursue.
Congress strengthened the FCA in 1986, increasing whistleblowers’ share of damages to 30 percent and reducing the knowledge requirement. The statute of limitations for FCA suits was lengthened and employee whistleblowers were granted formal protection against reprisals. These changes made it easier and more profitable for private citizens to file qui tam lawsuits. Since then, the government has collected over $20 billion from various suits, with about $2 billion paid out to whistleblowers.
Today, qui tam cases are lawsuits brought by an individual on behalf of the government. Federal and state laws allow a private citizen to bring a lawsuit against a company or another person if they believe that company or person has committed fraud against the government. While a case is under investigation, the identity of the whistleblower is kept confidential.
Common types of government fraud include securities fraud, pharmaceutical fraud, Medicare and Medicaid fraud, defense contractor fraud, fraudulent loans and grants, and federal government contractor fraud.
RD Legal Funding is positioned to provide qui tam attorneys and their clients with immediate post-settlement funding. To start accelerating your legal fees today, please fill out the brief online application located at the upper right corner of this page. Or you can call RD Legal toll-free at 1-800-565-5177 to speak with one of our legal funding experts.