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David Ruskin Quoted in Bloomberg BNA – “‘King of Qui Tam’ Runs Into Appeals Court Buzzsaw”

Bloomberg BNA 05/30/2018

Article by: Michael J. Bologna
Read the full article published by BNA Daily Tax Reports on 5/21/18 for its subscribers.

A prolific tax whistleblower, Stephen B. Diamond known as the "king of qui tam," is finding it harder to make a living after his pattern of litigation under the Illinois False Claims Act hit a dry spell and a state appeals court cut off his ability to earn fees, data obtained by Bloomberg Tax reveals.

David S. Ruskin, counsel for dozens of companies sued by Diamond, predicted continuing litigation over attorney's fees -- even if the high court expresses complete support for the appeals court's opinion in My Pillow.

"Unless and until there is a challenge to the actual relationship between K&B and Diamond and someone can 'follow the money' to expose the lack of objective independence, their workaround should continue along with the abusive fee generation," he said.

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