Five Things Every Company Should Know About SEC Whistleblowers. Exposing Misconduct.


Five Things Every Company Should Know About SEC Whistleblowers

August 8, 2019

he recent payment of $50 million to a pair of whistleblowers should serve as a wake-up call to companies that the SEC’s Whistleblower Program is alive and well. Cadwalader attorneys provide five key compliance steps to help companies respond to whistleblowers and minimize their associated risks. No magic policy or state-of-the-art compliance system will fully […]

3rd Circuit revives whistleblower’s Sarbanes-Oxley claim against Citigroup

August 6, 2019

A federal appeals court has revived part of a former Citigroup worker’s whistleblower lawsuit alleging that he was fired after reporting improprieties in the firm’s internal complaint system. Former Citigroup data center employee Abdul Jaludi had sued Citigroup for alleged violations of anti-retaliation provisions of the 2002 Sarbanes Act and the U.S. Racketeer-Influenced and Corrupt […]

Cisco to Pay $8.6 Million in Whistleblower Case for Flawed Software

August 2, 2019

Cisco has agreed to pay $8.6 million to settle a case involving allegations it knowingly sold vulnerable video surveillance software to federal, state and local government agencies. The settlement resolves claims under the federal False Claims Act and other jurisdictions arising from Cisco’s sale of defective video surveillance software to the federal government, 15 plaintiff states and the District of […]

Defense officials plan to bolster whistleblowers with analytics, artificial intelligence

July 31, 2019

Federal investigators have announced plans to boost resources for whistleblowers reporting fraud, corruption and other wrongdoing. The Defense Department’s Office of the Inspector General is increasing its use of analytics and artificial intelligence to support whistleblowers, while the Council of the Inspectors General, which represents more than 70 federal inspectors general, is making it easier to protect […]

If you have to be a whistleblower, don’t blow it. Protect yourself and be rewarded.

July 29, 2019

If you are going to blow the whistle, do it right, says Stephen M. Kohn, chair of National Whistleblower Center. He delivered that message Monday morning during an a live interview on The Hill’s morning news show. “There are fantastic whistleblower laws,” he said. “But there are other ways people blow the whistle and they end […]

Whistleblowers gather to remind each other why they risked so much to expose wrongdoing.

July 26, 2019

Bulletproof vests that don’t work. Russian money laundering. US tax cheats with Swiss bank accounts. No-bid, sweetheart government contracts. Once a year, whistleblowers and their supporters gather to remind each other why they risked so much to expose wrongdoing. This year’s National Whistleblower Day event will be Tuesday, July 30. It will be broadcast live from Capitol […]

SEC Awards Half-Million Dollars to Overseas Whistleblower

July 23, 2019

Washington, D.C.–(Newsfile Corp. – July 23, 2019) – The Securities and Exchange Commission today announced a half-million dollar award to an overseas whistleblower whose expeditious reporting helped the Commission bring a successful enforcement action. “The Commission’s whistleblower award program has reached an important milestone,” said Jane Norberg, Chief of the SEC’s Office of the Whistleblower.  […]

Military supplier to pay $11M over whistleblower claims

July 16, 2019

LOS ANGELES (AP) — A Southern California company will pay the U.S. government $11million to settle allegations that it sold electrical connectors to the military that lacked proper testing or had failed tests. The government announced Tuesday that ITT Cannon also agreed to follow strict manufacturing and testing protocols.

Government Executive: Intelligence Bill Would Enhance Whistleblower Protections

July 8, 2019

Among the many items on Congress’s crowded July agenda is floor action on a three-year catch-up on the Intelligence Community authorization bill, a largely bipartisan package drafted in both chambers, with Senate provisions that would enhance protections for whistleblowers. On June 26, the House Select Intelligence Committee by voice vote cleared its version (H.R. 3494) of what […]

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