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Phillips Petroleum agreed to pay the government $8 million to settle allegations it underpaid royalties on oil it took from leased federal and Indian land, the Justice Department said. The settlement brings to more than $417 million the amount the government has recovered from 15 oil companies as a result of a private whistle-blower lawsuit originally filed under the False Claims Act.
February 09, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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