SEC $1 Million Whistleblower Award. Exposing Misconduct.


SEC $1 Million Whistleblower Award

October 12, 2017

The Securities and Exchange Commission said that a whistleblower has earned an award of more than $1 million for providing the SEC with new information and substantial corroborating documentation of a securities law violation by a registered entity that impacted retail customers. “Today’s award reflects the impact that whistleblower information can have in uncovering violations […]

PharMerica Must Face State FCA Claims, Whistleblowers Say

October 5, 2017

Law360, New York (October 5, 2017, 3:36 PM EDT) — Two whistleblowers accusing PharMerica Inc. of accepting kickbacks from drugmaker Organon USA Inc. have asked a Massachusetts federal court to revive claims dismissed in 2012, arguing claims under various state False Claims Acts aren’t blocked by the first-to-file bar, according to a motion filed Wednesday. Senior […]

Whistleblowing in the financial services sector

October 4, 2017

In the age of Wikileaks, “whistleblowing” is a term with which we are all familiar and the role of the whistleblower is more prominent now than ever. The financial services sector is no exception, with the expectations and requirements placed upon financial institutions in relation to their whistleblowing arrangements continuing to grow.

CFTC Provides More Protection and Broader Eligibility with Changes to Whistleblower Program

September 28, 2017

In the Dodd-Frank Act of 2010, Congress established a whistleblower program for the Commodity Futures Trading Commission (CFTC), the United States’ primary regulator of commodities, in an effort to encourage whistleblowers to report possible violations of the Commodity Exchange Act. On May 22, 2017, the CFTC announced modifications to the rules governing its whistleblower program that will expand the […]

AnMed Health Pays $7,923,000 to U.S. Government to Settle Whistleblower Claims for Improper Radiation Oncology and E.R. Services; Plus, Whistleblower Retaliation Claims, Announces Moss & Gilmore LLP

September 27, 2017

ATLANTA, Sept. 27, 2017 /PRNewswire/ — Atlanta- and New York-based Moss & Gilmore LLP announced today the settlement with the U.S. Department of Justice of a False Claims Act lawsuit against AnMed Health, an affiliate of Carolina Health Care System (“CHS”). AnMed Health is a not-for-profit health system in Anderson, South Carolina that provides hospital and other healthcare services to residents […]

New research shows involvement by whistleblowers is associated with an increase in monetary sanctions and prison sentences

September 25, 2017

What happens when whistleblowers “out” executives and the companies who knowingly cook the books? New research shows some eye-opening results. Firms are hit with significantly higher financial penalties, and individuals who are convicted receive longer prison sentences, on top of stiffer fines — according to a paper recently published online in the Journal of Accounting […]

Whistleblower helps secure $2 million settlement over contract rigging at Hanford

September 22, 2017

A whistleblower has been paid $470,000 out of a $2 million settlement after successfully challenging what she and government prosecutors say was a shell company at the Hanford Nuclear Reservation. The subcontractor charged with setting up the shell company, Federal Engineers & Constructors, worked under the huge, three-headed joint venture Washington Closure Hanford (WCH), which […]

How To Gather Evidence If You Want To Be A Whistleblower

September 15, 2017

Not unlike the popular psychology that emerged in the late 20th century, in the legal world, “self-help” is a powerful notion that calls upon the individual to take an active role in creating his or her best legal outcome. For whistleblowers, particularly those reporting corporate misconduct, this is mission critical. Given the spate of high-profile bounties […]

Equifax Breach a Reminder That Cybersecurity Whistleblowers Have Protections

September 9, 2017

The latest mega breach is a big one.  This week Equifax announced that it had suffered a breach of data belonging to as many as 143 million Americans.  That’s about half the country.  Worse, the breached data was sensitive: names, social security numbers, birth dates, addresses, and some driver’s license numbers.  Even in a world where mega […]

Novo to pay nearly $60M to settle Victoza marketing suits with DOJ, whistleblowers

September 6, 2017

Novo Nordisk just won a nod from the FDA for the cardiovascular risk reduction of Victoza, which should further propel sales of the blockbuster. But in its own nod to a darker side of its sales history, the company has settled, for nearly $60 million, another batch of lawsuits over past marketing of the Type […]

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