Delaware Company to Pay More Than $3.34 Million to Resolve False Claims Act Allegations Related to Paycheck Protection Program Loan

Source: United States Department of Justice Criminal Division

Novum Pharmaceutical Research Services of Delaware, Inc. (“Novum”), a Delaware corporation with its principal place of business in Pittsburgh, Pennsylvania, has agreed to pay $3,345,000 to resolve allegations that it improperly obtained a Paycheck Protection Program (“PPP”) loan from the U.S. Small Business Administration (“SBA”) for which it was not eligible.