SEC Warns of Dangerous Fake News on Stocks: 27 Companies Charged
Fake News on Stocks is Real Last month, the SEC warned investors about companies using fake news to drive up stock prices. In conjunction with
The FCPA Under Attorney General Jeff Sessions
Attorney General Jeff Sessions and the False Claims Act US Attorney General Jeff Sessions reaffirmed the Justice Department’s commitment to enforce the Foreign Corrupt Practices
How 700 Bank Whistleblowers Get Ignored
700 Bank Whistleblowers Ignored Like much of America, we have been following the story of Wells Fargo’s sales tactics and the government response to it.
SEC Disgorgement Debated by Supreme Court in 2017
SEC Disgorgement Debated in Supreme Court The Securities and Exchange Commission defended its ability to disgorge illegal profits from wrongdoers before the Supreme Court yesterday
Buy American Act Strengthened
A Better Buy American Act President Trump is signing an executive order today to implement a more muscular Buy American Act. This measure likely signals
Barclays Whistleblower Process Definitely Disappoints
Barclays Whistleblower Identity Protected The Justice Department is reportedly investigating efforts by Barclays CEO Jes Staley to unmask a Barclays whistleblower who sent two anonymous
Elder Care Fraud Received Unfortunate Government Veto of Qui Tam Settlement Stands in Fourth Circuit February 14, 2017
False Claims Act Lawsuit Over Elder Care Fraud Because we are a smaller firm, we spend a lot of energy upfront evaluating potential whistleblower cases.
Massive Amount of Insider Trading Fraud, Front-Running and Ponzi Schemes, Says Former CFTC Enforcement Chief
Insider Trading & Other Schemes Prevalent The former head of enforcement at the U.S. Commodity Futures Trading Commission (CFTC) told Reuters that there is a
9th Circuit: Internal SEC Whistleblowers Can Sue Under Dodd-Frank Anti-Retaliation Provision
A Win for Internal SEC Whistleblowers On a 2-1 decision, the Ninth Circuit has affirmed the right of internal SEC whistleblowers to sue under the
Review of SEC Rule 21F-17 (Impeding Whistleblowers)
Live Webcast Reviewing SEC Rule 21F-17 Brandon Lauria will speak on enforcement of SEC Rule 21F-17 at a Knowledge Group live webcast on March 9,
Hackers and Insider Trading Continue to Mix in 2017
Hackers and Insider Trading Remain a Threat to SEC It was more than a year ago that the U.S. Securities and Exchange Commission (SEC) cracked
Update on Whistleblower Immunity in DTSA of 2016
DTSA and Whistleblower Immunity Last year, we applauded the carve-out for whistleblowers in the Defend Trade Secrets Act of 2016 (DTSA). However, a recent opinion
Congress Considers Co-Conspirator Eligibility for SEC Whistleblower Rewards in 2017
Eligibility for SEC Whistleblower Rewards A memo circulated in early February regarding the Financial Choice Act produced by House Financial Services Chairman Jeb Hensarling (R-Texas)
Court Rules Definitively on Confidentiality for SEC Whistleblowers in 2017
Decision on Confidentiality for SEC Whistleblowers A U.S. District Court in the Southern District of California has recently ruled on the validity of a SEC whistleblower’s
A Review of Recent Damaging Clean Energy Fraud
Clean Energy Fraud All Around Us We have discussed the potential for whistleblower actions grounded in the protection of the environment and compliance with environmental
Massive Medicare Advantage Fraud Lawsuit Unveiled Against UnitedHealth
Medicare Advantage Fraud Lawsuit The United States has joined a lawsuit brought by whistleblowers under the False Claims Act accusing UnitedHealth Group of bilking Medicare
International Whistleblower Rewards See Boost
We are seeing more movement on the payment of whistleblower rewards internationally. Nigeria and Korea have been paying rewards recently and Australia continues to consider
DOE Delays Whistleblower Protection Rule
The Department of Energy recently announced in the Federal Register a 60 day stay of its new regulation permitting civil penalties against contractors and subcontractors