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69°
Sunday, jun 2
Tag:
New York False Claims Act
News
Sprint Must Pay Record $330M Settlement To New York
Sprint has agreed to pay a record $330 million settlement to end a long-running tax dispute with New York, for “flagrantly breaking the law,” the state attorney general announced on Friday. The lawsuit alleged that for nearly a decade, Sprint “knowingly failed to collect and remit more than $100 million in state and local sales taxes owed on its flat-rate wireless calling plans sold to New Yorkers.” According to AG Barbara Underwood, the $330 million settlement is the largest-ever recovery resulting from an action filed under the New York False Claims Act. It is also the largest recovery by…