How to Obtain the Maximum SEC Whistleblower Award
In 2010, in an effort to weed out fraudulent financial misconduct, Congress enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act. A significant part
CA Health System to Pay $46 Million to Resolve Whistleblower Suit
CA Health System to Pay $46 Million to Resolve Whistleblower Suit Sutter Health, a Sacramento, CA-based health system, announced the resolution of a whistleblower lawsuit
A False Claims Act Proponent Looks to Great J&J Settlement of $2.2 Billion for Support
The Commonwealth of Pennsylvania is one of just twenty-one states that have yet to enact a version of the False Claims Act (“FCA”), arguably the
U.S. Recovers $2 Billion from Health Care Fraud in 2012
U.S. Recovered Over $2 Billion from Health Care Fraud in 2012 Alone The premier whistleblower advocacy group, Taxpayers Against Fraud (“TAF”), recently released a report
Giant Hedge Fund Pleads Guilty to Insider Trading
Giant Hedge Fund Pleads Guilty to Insider Trading Facing charges from the U.S. Securities and Exchange Commission (“SEC”), Major hedge fund, SAC Capital Advisors, announced
New York’s False Claims Act: Leading the Fight Against Fraud
New York False Claims Act Takes the Lead in the Fight Against Fraud New York is once again pushing the envelope with proposed amendments to
Major Win Against Mortgage Fraud by U.S. Justice Department
U.S. Department of Justice Scores Major Win Against Mortgage Fraud This week the U.S. Department of Justice (“DOJ”) announced a significant victory in the fight
Chamber of Commerce Aims to Amend the False Claims Act
U.S. Chamber of Commerce Looks to Gut The False Claims Act In a move that is anything but surprising, the nation’s largest and most powerful
Have the JP Morgan-DOJ Settlement Talks Be Driven By A Whistleblower?
Have the JP Morgan-DOJ Settlement Talks Be Driven By A Whistleblower? October 22, 2013 – Reports are that the Justice Department’s case against JP Morgan
JP Morgan Reported To Be Close To Finalizing A $13 Billion Settlement With Department Of Justice
JP Morgan Reported To Be Close To Finalizing A $13 Billion Settlement With Department Of Justice October 21, 2013 – It is being widely reported
Boston Scientific To Pay $30 Million To Settle False Claims Act Allegations
Boston Scientific To Pay $30 Million To Settle False Claims Act Allegations October 17, 2013 – As Reported in the Corpoate Crime Reporter, Boston Scientific
SEC Loses Case Against Celebrity Mark Cuban
SEC Loses Case Against Celebrity Mark Cuban The U.S. Securities and Exchange Commission has lost a high-profile but low-stakes case against billionaire celebrity investor Mark
It’s Time To Pass a State False Claims Act in PA
It’s Time To Pass a State False Claims Act in PA The Commonwealth of Pennsylvania continues to miss numerous golden opportunities to collect millions of
Massachusetts Court Rejects Narrow SEC Whistleblower Definition
U.S. District Court for the District of Massachusetts Refuses to Adopt Narrow Definition of SEC Whistleblower Under Dodd-Frank On October 16, 2013, a federal court
UK Contemplates Qui Tam Provision
UK Contemplates Qui Tam Provision It has recently been reported that the British government is contemplating the creation of a reward system, with qui tam provisions similar to
SEC Boosts Whistleblower Program with $14 Million Award
$14 Million Award Signals SEC Is Embracing Its Whistleblower Program On October 1, 2013, the Securities and Exchange Commission (“SEC”) announced the payment of a
8th Circuit Court of Appeals Greenlights Former Bayer Employee Qui Tam Whistleblower Suit
8th Circuit Court of Appeals Greenlights Former Bayer Employee Qui Tam Whistleblower Suit On October 15, 2013, the United States Court of Appeals for the
Financial Professionals Win Big in Appeals Court Ruling
Financial Professionals Win Big in Appeals Court Ruling The Association for Financial Professionals features Eric L. Young and James McEldrew analysis of the Third Circuit