Supreme Court Limits SEC Enforcement on Disgorgement Claims
SEC Enforcement Impacted by Supreme Court The Supreme Court, in a unanimous decision in Kokesh v. SEC published at the beginning of June, held that
SEC Gives Heroic Government Employee $2.5 Million Whistleblower Award
Whistleblower Award in the Millions The Securities and Exchange Commission (SEC) recently agreed to provide approximately $2.5 million to a SEC whistleblower that worked for
Reverse Mortgage Whistleblower Earns $1.6 Million Award
Reverse Mortgage Whistleblower Cashes In The $89 million settlement in May between Financial Freedom and the United States regarding claims under the False Claims Act
Improper Payments to Medicare Advantage Plans Estimated at $16 Billion for FY2016
Medicare Advantage Fraud Medicare Advantage fraud has been an area of increasing focus recently. Earlier this year, the Department of Justice intervened in two whistleblower
Off-Label Marketing Lawsuit: Celgene Settles for $280M
Celgene Settles Off-Label Marketing Case Celgene agreed to pay $280 million to settle a False Claims Act lawsuit brought in California accusing it of promoting
Update on NHTSA Whistleblower Rules of 2015
Still Waiting for the NHTSA Whistleblower Rules The National Highway Traffic Safety Administration (NHTSA) has yet to publish the proposed rules for the NHTSA whistleblower
Financial Conduct Authority Says Without Whistleblower Rewards, British Tips Decline
Financial Conduct Authority Details Decline in Whistleblower Tips A report earlier this month by the Financial Conduct Authority detailed the declining number of whistleblower tips
Record $70.6 Million Award for SEC Whistleblowers
A Record Award A media outlet, Financial Planning, is predicting that a pair of SEC whistleblowers will share an award of approximately $70.6 million out
SEC, CFTC Directors Speak on Corporate Whistleblower Programs in 2017
Corporate Whistleblowing in 2017 The Chief of the SEC’s Office of the Whistleblower, Jane Norberg, and the Director of the CFTC Whistleblower Office, Christopher Ehrman,
Serial Whistleblower Denied Anonymity on June 28, 2017
U.S. Tax Court Denied Serial Whistleblower Anonymity The Tax Court has reminded IRS whistleblowers in a recent decision that the ability to proceed anonymously is
Supreme Court’s Review of Whistleblower Retaliation Protections
Whistleblower Retaliation Protections The Supreme Court will next term review a whistleblower retaliation lawsuit, Somers v. Digital Realty Trust, Inc., to determine whether the anti-retaliation
Say No to CHOICE Act of 2017 on SEC whistleblower culpability
The Dangers of CHOICE Act The U.S. House of Representatives on Thursday approved banking reforms in the Financial CHOICE Act of 2017 that would, if
Powerful IRS Whistleblower Retaliation Protections Proposed in Senate
Proposed IRS Whistleblower Retaliation Protections Senators Chuck Grassley and Ron Wyden have proposed the IRS Whistleblower Improvements Act of 2017 in the U.S. Senate today. If
Remove Medical Malpractice Reform from Trump Budget
Medical Malpractice Reform Threatens Individuals The Trump Administration’s budget proposal for 2018 includes another attempt to pass tort reform for medical malpractice lawsuits. We strongly
Positive CFTC Whistleblower Program Rule Changes of 2017
CFTC Whistleblower Program Improves The CFTC has issued final rules based on its previously proposed changes to the CFTC whistleblower program. The changes have left
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.