Jonathan E. Green, Kevin M. Toomey, Tirzah S. Lollar, Christian D. Sheehan and Kara Ramsey

Arnold & Porter Discusses DOJ’s First False Claims Act Settlement With PPP Lender

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On September 13, 2022, the United States Department of Justice (DOJ) announced a settlement with Prosperity Bank, a regional bank with branches in Texas and Oklahoma, for processing a Paycheck Protection Program (PPP) loan on behalf of an ineligible borrower.…