Abiomed to pay $3.1 million to settle case over lavish doctor meals. Exposing Misconduct.


Abiomed to pay $3.1 million to settle case over lavish doctor meals

March 8, 2018

BOSTON (Reuters) – Abiomed Inc has agreed to pay $3.1 million to resolve a U.S. probe into allegations that it sought to get doctors to use a line of heart pumps it produced by buying them lavish meals at some of the most expensive restaurants in the United States. The civil settlement was announced on Thursday […]

Cardiologist gets $6 million in Hamot whistleblower case

March 8, 2018

A $20.75 million settlement was reached in the federal suit in November. The federal False Claims Act allows citizens to sue on behalf of the government over allegations of fraud and other misuses of federal money. If the suit is successful or ends in a settlement, the citizen gets a percentage of the proceeds and […]

Bipartisan Bill Uses Whistleblower Incentives to Battle Foreign Corruption

March 2, 2018

On Tuesday, a bipartisan bill was introduced by Congressmen Stephen F. Lynch (D-MA) and Keith Rothfus (R-PA), that would help U.S. authorities combat terrorist financing and foreign government corruption. The Kleptocracy Asset Recovery Rewards Act (H.R. 5101), would establish a rewards program for whistleblowers who notify the U.S. government of assets in U.S. financial institutions that are linked to […]

Whistleblowers Get $1.3M Cut Of $4.4M Mt. Sinai FCA Deal

March 1, 2018

The federal government will pay two whistleblowers $1.3 million for filing a False Claims Act suit against Mount Sinai Hospital that resulted in a $4.4 million settlement with the government, according to a filing in New York federal court Wednesday. U.S. District Judge Richard M. Berman signed off on the order approving a 30 percent […]

Dodd-Frank’s Anti-Retaliation Protections Apply Only to Whistleblowers Who Report to the SEC

February 23, 2018

In Digital Realty Trust, Inc. v. Somers, a 9-0 opinion by Justice Ginsburg issued February 21, 2018, the Supreme Court held that the anti-retaliation provisions of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act do not extend to employees who have reported internally but extend only to employees who have reported suspected securities law violations to the […]

JPMorgan Whistle-Blowing Case Resulted in Record $30 Million Award

February 16, 2018

JPMorgan Chase & Co.’s failure to properly inform some rich clients about conflicts of interest has resulted in a record $30 million whistle-blower award by U.S. futures regulators. The Commodity Futures Trading Commission will pay out that amount for tips received in the case, in which the bank didn’t properly disclose that it was steering […]

Big Win for Whistleblowers In Bipartisan Budget Act

February 9, 2018

The Bipartisan Budget Act of 2018, approved today by the U.S. Congress, included two key whistleblower-rights amendments initially introduced by Senator Charles Grassley (R-IA). These amendments ensure that employees who blow the whistle on criminal tax fraudsters are covered under the IRS whistleblower law, and end the double-taxation of whistleblower awards under the Dodd-Frank Act. These amendments fixed […]

Dodd-Frank Whistleblowers Help Clean Up Our Markets

February 6, 2018

Honest investors in public markets—which one way or another refers to most Americans—expect the government to make sure traders and the very exchanges on which they trade are not breaking the rules to rip them off. Whether they know it or not, investors should also be thanking Dodd-Frank whistleblowers for playing a central role in policing both traders […]

Pendergrass must pay extra $156K in whistleblower case

January 31, 2018

PENDERGRASS, Ga. – The bill just got bigger for one small Georgia town. The city of Pendergrass already faced a $1,056,000 jury verdict handed to a pair of whistleblowers who say they unfairly lost their jobs. This week, a judge agreed the city should pay at least some of the whistleblowers’ legal fees and expenses. That’s another $156,670. The city’s […]

Oregon Lawmaker Wants to Expand Whistleblower Protections

January 29, 2018

SALEM, Ore. (AP) — An Oregon lawmaker has introduced a bill to expand whistleblower protections in the state. Republican State Senator Jackie Winters said former Oregon Department of Transportation employee Gerritt Law inspired the bill, the Statesman Journal reported . Law informed his superiors about problems he found after taking the job in 2013. He then was […]

The materials on this website are for general information purposes only and should not be construed as legal advice, legal opinion or any other advice on any specific facts or circumstances. Readers should not act or refrain from acting upon this information without seeking professional advice. Transmission of information on or by use of this website is not intended to create, and receipt does not constitute, a lawyer-client relationship between the sender and receiver.
Mobile Menu