Split Decision on Ormat’s Motion to Dismiss Ex-Employees’ Claims of Cash Grant Fraud
March 27, 2015 at 12:39 PM EDT
The March 24 opinion from the U.S. District Court for Nevada granted in part and denied in part Ormat’s motion to dismiss an action brought by ex-Ormat employees under the False Claims Act. The ex-employees are alleging fraud by Ormat in its preparation of three Section 1603 cash grant (Cash Grant) applications for geothermal projects. In theory, either party could appeal, but that seems unlikely.