
Baron & Budd Obtains Record Settlement in Restaurant Revitalization Fraud Lawsuit Against CoreLife Eatery, LLC
WASHINGTON--(BUSINESS WIRE)--Today, the national law firm Baron & Budd announced a record $7.8 million settlement in a whistleblower lawsuit brought under the False Claims Act against CoreLife Eatery, LLC for defrauding the Restaurant Revitalization Fund (RRF). This is the largest RRF settlement under the False Claims Act to date.
The RRF was established in 2021 as part of the American Rescue Plan Act to provide financial assistance to restaurants and other food-service businesses during the COVID-19 pandemic. However, businesses that owned or operated more than 20 locations as of March 13, 2020 were not eligible for the funding.
As part of the settlement, CoreLife acknowledged that, on March 13, 2020, CoreLife and its affiliates owned and operated 29 restaurants across five different states. Nevertheless, CoreLife applied for and received an RRF grant for nearly $4 million after certifying that it did not own or operate more than 20 locations.
'The RRF was designed to funnel aid to small restaurant businesses that otherwise could not survive the COVID-19 pandemic,' said Baron & Budd attorney Noah Rich. 'When large restaurant chains and other ineligible applicants received this assistance instead, they kept small businesses from receiving vital relief.'
The federal government has made the prosecution of these cases a priority and needs whistleblowers to come forward with information about RRF fraud. This type of fraud harmed small business owners struggling to keep their businesses operational during the pandemic. Often, whistleblower suits are the only way in which this fraud is uncovered, investigated, and punished.
Whistleblowers who have information about RRF fraud may bring lawsuits under the False Claims Act (FCA). Whistleblowers can receive a monetary award for a successful enforcement action. Under the FCA whistleblower program, whistleblowers are afforded certain confidentiality and anti-retaliation protections. It is important to seek the counsel of a whistleblower attorney in these cases.
For more information, visit www.becomeawhistleblower.com.
About Baron & Budd, P.C.
Baron & Budd, P.C. is among the largest and most accomplished plaintiffs' law firms in the country. With more than 40 years of experience, Baron & Budd has the expertise and resources to handle complex litigation throughout the United States. As a law firm that takes pride in remaining at the forefront of litigation, Baron & Budd has spearheaded many significant cases for hundreds of public entities and tens of thousands of individuals. Since the firm was founded in 1977, Baron & Budd has achieved substantial national acclaim for its work on cutting-edge litigation, trying hundreds of cases to verdict and settling tens of thousands of cases in areas of litigation as diverse and significant as dangerous and highly addictive pharmaceuticals, defective medical devices, asbestos and mesothelioma, wildfires, environmental contamination, fraudulent banking practices, e-cigarettes, motor vehicles, federal whistleblower cases, and other consumer fraud issues.

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New York Post
14 hours ago
- New York Post
Life Time athletic club opening at 452 Fifth Ave.
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Business Upturn
15 hours ago
- Business Upturn
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Miami Herald
18 hours ago
- Miami Herald
Why More Boomers Are Deciding to Rent
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As more seniors navigate retirement on fixed incomes, renting is becoming not only a practical alternative, but in many cases, a financially imperative one. The reasons behind the growing number of senior renters are varied, a mix of both lifestyle choices and financial necessity. "Seniors value the flexibility renting provides, which can allow them to downsize, move to better locations, or avoid the responsibility that comes with owning a home and its expenses," Alexei Morgado, a Florida realtor and CEO of Lexawise Real Estate Exam Preparation, told Newsweek. "Owning a home can take a lot of physical energy and money. When renting, you can simply enjoy life without worrying about major repairs, the uncertainty of property taxes, or if your home will lose value or be hard to sell." Shifting cultural attitudes toward aging and independence are also influencing this trend. "In the past, homeownership was viewed as a key indicator of independence in retirement," says Morgado. "The cultural shift in the thinking surrounding aging has moved rapidly, however, and seniors no longer feel as though homeownership is a mainstay of independence and a comfortable life in retirement." He notes that the COVID-19 pandemic accelerated this rethinking. "Seniors began to focus on flexibility and ease rather than stability and predictability, which is often associated with homeownership," Morgado said. "Many seniors have begun seeking smaller properties or apartments in more desirable areas away from their long-time homes and may prefer urban and suburban environments even if there is additional cost or a long-term rental lease. "In this way, renting allows for added freedom of movement if they feel they need to move or relocate." The study found that many senior renters are relocating to warmer climates, particularly in Florida, which is well-known for its large retirement community. Other southern states, such as Louisiana and Texas, are also experiencing an increase in the number of graying renters. In Baton Rouge, the percentage of properties rented by older Americans has boomed by 88.7 percent over the last ten years. Similar numbers are reported in Jacksonville, Florida, and Round Rock, near Austin, Texas. But for many, the switch to renting isn't just a matter of lifestyle-it's a financial necessity, Morgado explained. "The gap between owning and renting is widening, especially for seniors who rely on a fixed income. Home prices have skyrocketed in many parts of the country over the last 10 years with continued high mortgage interest rates," he said. "Rapid changes in housing demand mean that local areas with very limited affordable housing options have both renters and former homeowners looking for an affordable lifestyle. Seniors that once owned homes are now renting for value." Steve Sexton, CEO of Sexton Advisory Group, agrees. "This trend is fueled by both convenience and necessity; however recent economic uncertainty is the more likely driver of seniors renting in retirement," Sexton told Newsweek, noting that many retirees live on fixed incomes that have failed to keep pace with rising housing costs and inflation. "Utilities, insurance, property taxes, and maintenance costs associated with owning a home continue to increase, while Social Security and pensions struggle to keep up," he said. This is exacerbated by a lack of affordable homes on the market, even for those who may prefer to own, Sexton said, a problem that is getting worse over time. As a result, "for many seniors, renting offers a more predictable and/or simplified budget in which they don't have to account for repairs and certain housing expenses." Yet the underlying issue of housing affordability remains a serious concern. A 2024 report by the Joint Center for Housing Studies found that more than 40 percent of renters aged 65 and older spend more than 30 percent of their income on rent, the threshold at which the U.S. Department of Housing and Urban Development considers a household "cost burdened." "The availability of affordable housing, however, is a glaring reality for many seniors," Morgado said, noting that it's "a barrier obstacle to seniors maintaining their independence." Boomers having to rent out of financial necessity is likely to continue. For now, most adults aged 65 and older are homeowners, according to the Joint Center for Housing Studies at Harvard University. However, more than one in five older households, some 7 million, choose to rent, according to the 2023 Housing America's Older Adults study by JCHS. Jeff Lichtenstein, CEO and broker at Echo Fine Properties, said the trend "will get worse in the next decade," with "inflation being the main culprit." "With increased costs coming from tariffs and with cuts in the new bill and from DOGE, it puts seniors in a tough situation," he told Newsweek. "In the next decade, there will be an explosion of baby boomers in that age group. As one loses a spouse or looks at financing, there should be more of a need to rent." Related Articles Gen Z Is Significantly More Afraid of This Trend Than Older GenerationsSocial Security Claims SkyrocketIt's Not Gold-Digging, but Gen Z Will Marry for Money, Predicts ExpertGen Z's Trauma Therapy Compared to Millennials, Boomers 2025 NEWSWEEK DIGITAL LLC.