SEC: More Than $16 Million Awarded To Two. Exposing Misconduct.


SEC: More Than $16 Million Awarded To Two

November 30, 2017

The Securities and Exchange Commission today announced awards of more than $8 million each to two whistleblowers whose critical information and continuing assistance helped the agency bring the successful underlying enforcement action. With this case, SEC enforcement actions involving whistleblower awards have now resulted in more than $1 billion in financial remedies ordered against wrongdoers. […]

Supreme Court to Hear Whistleblower Retaliation Case

November 27, 2017

The Supreme Court is set to hear on Nov. 28 a case that could determine whether corporate whistleblowers have the same job protections against retaliation when they report concerns about their employers’ misconduct only to their employers as they do when they report them to the Securities and Exchange Commission (SEC). In Digital Realty Trust v. Somers, […]

Argument preview: Plain talk about Dodd-Frank whistleblowing

November 21, 2017

Thar she blows In 2010, Congress was all about reforesting the new wasteland of American finance created by the 2008 financial crisis; the result was the Dodd-Frank Wall Street Reform and Consumer Protection Act, which transformed the banking and financial-services industry. Early in the legislative process, it was agreed that paying bounties for information would […]

SEC’s Annual Report Confirms $50 Million Paid to Whistleblowers

November 16, 2017

SEC anticipates paying an additional $221 million to whistleblowers in FY2018. Washington, DC, November 16, 2017.  The Securities and Exchange Commission’s Office of the Whistleblower issued its annual report today. The Commission confirmed that “whistleblowers have provided tremendous value to its enforcement efforts and significantly helped investors.” It also confirmed that whistleblower disclosures have “directly” contributed to […]

DoD Bill Continues Focus on Whistleblower Protections

November 15, 2017

The annual DoD authorization bill (HR-2810) that is up for final voting in Congress would continue an emphasis on protections for federal employee whistleblowers that has been a theme of Congress this year. The bill incorporates a separate measure that had previously advanced in Congress reauthorizing the Office of Special Counsel, an independent agency that […]

Florida Whistleblower Lawsuit Accuses Hospital Software of Billing Fraud

November 10, 2017

A newly unsealed Florida whistleblower lawsuit alleges software used at more than 300 hospitals is leading them to overbill Medicare and Medicaid. Epic Systems Corp.’s software does not comply with 2012 guidelines for counting the number of minutes a patient is under anesthesia, claims the Tampa federal lawsuit unsealed Nov. 2. Instead, the software bills for the number of […]

Am I Protected as a Whistleblower?

November 9, 2017

To this day, Congress has not passed a comprehensive whistleblower protection law. Unlike other areas of employment law, such as federal laws prohibiting race, sex, or age discrimination, there is no uniform national law to provide understandable rules and procedures for blowing the whistle on your employer. Instead, there are over fifty separate federal whistleblower […]

Senate Panel OKs Antitrust Whistleblower Protections

November 2, 2017

Law360, Washington (November 2, 2017, 12:26 PM EDT) — The Senate Judiciary Committee approved a bill Thursday that would heighten protections for whistleblowers who report antitrust violations, allowing them to sue in court if they are fired, demoted or otherwise retaliated against. The Criminal Antitrust Anti-Retaliation Act of 2017, which passed by a voice vote […]

New law targets managers who retaliate against federal whistleblowers

October 31, 2017

Stories from federal employees bold enough to expose wrongdoing in government agencies are strikingly similar. They are often “humiliated, marginalized, ostracized, given additional bogus assignments,” said Valerie Riviello, a whistleblower retired from the Veterans Affairs Medical Center in Albany, N.Y., as she described her ordeal. At the same time, discipline is “almost unheard of” for […]

Whistleblower Protections Here To Stay, Expert Says

October 27, 2017

Law360, New York (October 27, 2017, 10:17 PM EDT) — No matter how the U.S. Supreme Court rules on a closely watched case challenging the Dodd-Frank Act’s ban on retaliation against whistleblowers, reprisals against employees who report internal violations of securities regulations will remain illegal, a white-collar attorney and former U.S. Securities and Exchange Commission official said Thursday. David L. Kornblau, […]

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