Oberg v. Nelnet, Inc. et al, No. 1:2007cv00960 - Document 993 (E.D. Va. 2019)
Court Description: MEMORANDUM OPINION. Signed by District Judge Claude M. Hilton on 7/15/2019. (acha, )
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Oberg v. Nelnet, Inc. et al Doc. 993 IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF VIRGINIA Alexandria Division UNITED STATES OF AMERICA ex rel., JON H. OBERG, Plaintiff, Civil Action No. l:07-cv-960 V. NELNET, INC., ET AL., Defendants. Memorandum Opinion THIS MATTER comes before the Court on Defendant's Bill of Costs (Dkt. 981) and Motion to Strike (Dkt. 992). Jon Oberg (Relator) brought this suit against Pennsylvania Higher Education Assistance Agency (Defendant) and numerous other student loan financing and related companies under the False Claims Act. Relator alleged that the defendants fraudulently claimed hundreds of millions of dollars in federal student-loan interest-subsidy payments from 2002 to 2006. Relator alleged that Defendant used pre-October 1, 1993 taxexempt bond proceeds to unlawfully make or buy additional loans that were guaranteed the minimum 9.5% yield, which was prohibited by the 1993 repeal of the 9.5% Special Allowance Payments and regulations put in place by the Department of Education that were meant to phase out the Payments. Dockets.Justia.com
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