Signals from the U.S. Securities and Exchange Commission over how seriously it takes cybersecurity, combined with a Supreme Court ruling on whistleblower protections, are putting pressure on companies to be more careful about how they deal with potential tipsters, lawyers say. The securities regulator issued guidance in February on how companies should handle cybersecurity issues. […]
(Reuters) – The U.S. Department of Justice has joined whistleblower litigation accusing Insys Therapeutics Inc of trying to generate more profit by paying kickbacks to doctors to prescribe powerful opioid medications. The government’s involvement was disclosed in a filing made public on Monday. It adds firepower to the civil litigation as Insys tries to resolve […]
San Diego, CA — 05/11/2018 — The Whistleblower Institute announces that Catholic Health System Inc reached a $6 million settlement in a whistleblower lawsuit filed over submitted false claims to government health care programs. A settlement has been reached to resolve False Claims Act allegations against Catholic Health System Inc. The allegations arose from a lawsuit […]
Federal investigators announced Monday they had sent a letter President Donald Trump and Congress notifying them of “mismanagement” at a unit of a California naval base. The U.S. Office of Special Counsel’s letter and an accompanying 2017 report by Navy investigators were prompted by complaints from a whistleblower who previously worked at theNaval Base Ventura County Port Hueneme. The Navy ultimately determined […]
A unique feature of the Defend Trade Secrets Act (DTSA)—the federal statute opening federal courthouse doors to civil claims for trade secret misappropriation—is that it gives immunity from civil or criminal liability to whistleblowers under federal or state trade secret laws for disclosing a trade secret in confidence to a government official or an attorney “solely for […]
The twin purposes of National Report Government Contractor Fraud are (1) to bring attention to the government’s whistleblower reward program that pays 15% to 30% of the amount collected for turning in a company cheating the federal government, and (2) to teach people how to properly report government contractor fraud to receive a reward. LYNCHBURG, […]
Allowing federal employees who lose whistleblower retaliation cases at the MSPB a choice of federal courts for their appeals has worked to the employees’ advantage and should be continued, a Senate committee report argues. The report provides the justification for full Senate approval of HR-2229, which already has passed the House and recently cleared the […]
The Pennsylvania Supreme Court issued a big decision for whistleblowers in Bailets v. Pennsylvania Turnpike Commission, 2018 WL 1516785 (Pa. 2018). The Court ruled that noneconomic damages are compensable under Pennsylvania’s whistleblower law. Ralph Bailets was a former Manager of Financial Systems and Reporting with the Pennsylvania Turnpike Commission. During his tenure, he became concerned about the government […]
Taking a Bite Out of Financial Crime “The SEC has issued nearly $90 million in whistleblower awards in the past month alone,”said Jane Norberg, Chief of the SEC’s Office of the Whistleblower. Just last week, a Securities and Exchange Commission (SEC) award exceeded $2.1 million; paid to a former company insider (a “whistleblower”). In this […]
In what should serve as a cautionary tale for public companies, on March 19, the Securities and Exchange Commission (“SEC”) announced its largest ever Dodd-Frank whistleblower awards – totaling more than $83 million in payouts – with two whistleblowers splitting a nearly $50 million reward, and a third individual receiving more than $33 million. See SEC Release […]
