Study Proves the Value of Whistleblowers in Bringing Down Fraudsters. Exposing Misconduct.


Study Proves the Value of Whistleblowers in Bringing Down Fraudsters

August 31, 2017

A recent study published in the Journal of Accounting Research examines whether the participation of a whistleblower affects the outcome of an enforcement action against companies that commit financial fraud. The study seeks to quantify the impact of a whistleblower’s tip or assistance during an investigation on the final penalties levied on a company or an executive, in comparison to […]

Local cancer care providers accused in whistleblower suit

August 30, 2017

An unsealed federal complaint names Florida Cancer Specialists and 21st Century Oncology. Two large cancer treatment networks with locations in Sarasota and Manatee counties are accused in a federal whistleblowers’ lawsuit of agreeing to share patients exclusively in order to shut out competitors. The suit argues that a collusion between Florida Cancer Specialists and 21st […]

Government Employee Receives $2.5 Million Whistleblower Award from SEC

August 29, 2017

The SEC recently announced it has awarded $2.5 million to a whistleblower who is also a government employee. This is the first time the SEC has publicized giving an award to an employee of a government agency. As it is customary with the SEC, the identity of the whistleblower remains anonymous, and specific details about the wrongdoing […]

9th Circ. Expanded Whistleblower Protections, Justices Told

August 25, 2017

Digital Realty Trust Inc. told the U.S. Supreme Court on Thursday that the Ninth Circuit erred in finding the Dodd-Frank Act protects whistleblowers who haven’t reported to the U.S. Securities and Exchange Commission, arguing the appellate court flouted Congressional intentions. The Supreme Court in June granted the real estate investment trust’s petition to review a Ninth Circuit decision finding former […]

Pa. Turnpike Commission ordered to pay former employee $1.6 million in whistleblower case

August 25, 2017

The Pennsylvania Supreme Court has affirmed a lower court’s 2016 finding that the Pennsylvania Turnpike Commission wrongfully fired former employee Ralph Bailets after he challenged the work of a preferred IT contractor. The court’s order, according to Bailets’ attorneys, requires the commission to pay $2.48 million, including $1.6 million for lost wages, all attorney fees […]

Sarbanes-Oxley Whistleblower Guide Released on 15th Anniversary of SOX

August 21, 2017

Fifteen years ago, GAP successfully persuaded Congress to include a whistleblower protection provision in the Sarbanes-Oxley Act(SOX). The purpose of Section 806 of SOX is to combat a “corporate code of silence,” which “discourage[s] employees from reporting fraudulent behavior.” Congress sought to empower whistleblowers to serve as an effective early warning system and help prevent corporate […]

Mylan to Pay $465 Million to Settle EpiPen False Claim Charg

August 17, 2017

Pharmaceutical companies Mylan Inc. and Mylan Specialty will pay $465 million to resolve claims that they violated the False Claims Act by knowingly misclassifying EpiPen as a generic drug to avoid paying rebates owed primarily to Medicaid. Mylan Inc. and Mylan Specialty L.P. are both wholly owned subsidiaries of Mylan N.V., which is headquartered in Canonsburg, Pennsylvania.

Whistleblowers play key role in rooting out waste, fraud, abuse

August 12, 2017

One could only hope Chief Justice John D. Minton was sincere when he said “transparency and accountability are bedrock principles in maintaining trust in state government.” More than 30 years after the Kentucky legislature enacted the state’s open records laws, the Kentucky Supreme Court has finally acknowledged that it is not above the law. The […]

Whistleblower Awarded $9 Million

August 11, 2017

A former underwriter for a mortgage lending company has been awarded $9 million as a whistleblower for her part in a federal investigation of the lender, the U.S. Justice Department announced Tuesday. Mary Bozzelli, underwriter for PHH Corp., a Mount Laurel, N.J.-based mortgage lending company, raised concerns about the lending practices of the company, which […]

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