By Steve Kardell | Published May 31, 2018 | Posted in Whistleblower Litigation | Tagged Tags: First ‘Safe Harbor’ Ruling, SEC Awards Whistleblower, SEC whistleblower program |
The U.S. Securities and Exchange Commission (SEC) has announced a new whistleblower award of more than $2.2 million, the first award from the agency to be paid out under the “safe harbor” rule. In the case, a former insider of a company took action in compliance with Exchange Act Rule 21F-4(b)(7). It indicates that if Read More
Read MoreA woman in Westmoreland County, Pennsylvania, claims her supervisors at Med Health Services Inc. in Monroeville illegally retaliated against her after she raised concerns about illegal activity in the workplace to federal authorities. In documents filed in Allegheny County Common Pleas Court, Belvia Levkus claims her supervisors harassed and ultimately filed her after discovering she Read More
Read MoreThe U.S. Department of Labor filed a lawsuit against a hair salon in Kennett Square, Pennsylvania, claiming the business owners terminated an employee because her husband reported workplace safety and health issues to the federal government. According to prosecutors, employees of Blown Away Dry Bar and Salon were exposed to chemicals and sewage after a Read More
Read MoreChristopher Wylie rose to sudden international infamy when he blew the whistle on Cambridge Analytica’s alleged stealing of the data of more than 50 million Facebook users. Now, Wylie says he is fully cooperating with U.S. law enforcement officials as the case continues to evolve. Cambridge Analytica was hired by the Donald Trump campaign to Read More
Read MoreDuring a recent interview with the AARP, U.S. Attorney General Jeff Sessions said Medicare fraud must be taken as seriously as the war on drugs in this country. That’s saying something, considering the hardline stance Sessions has taken on the enforcement of drug laws. However, it’s not difficult to see why he’s so passionate about Read More
Read MoreThree former employees of Takata Corp. will share a $1.7 million award after giving information to authorities that alerted them to the risks of the much-publicized deadly airbag inflators. Those inflators were the subject of the largest automotive recall in history. Takata agreed to pay the award out of a reserve fund it created while Read More
Read MoreThe U.S. Securities and Exchange Commission (SEC) recently announced that it issued its largest whistleblower award ever, breaking the previous record of a $30 million award it handed out in 2014. The SEC split a $50 million pot between two whistleblowers, with one taking home more than $33 million. No further information was provided about Read More
Read MoreThe Missouri state senate is debating a bill that would add some protections from retaliation to university faculty who serve as whistleblowers. State Sen. Ed Emery is sponsoring the bill, which follows recent rollbacks on whistleblower protection and discrimination laws in the state. The Academic Freedom and Whistleblower Protection Act would, if passed, prevent educational Read More
Read MoreTwo whistleblowers won their fight with the U.S. Internal Revenue Service over the amount of money they could claim from a pool they helped the agency collect. Their victory could encourage more whistleblowers within federal agencies to come forward with key information. The dispute between the whistleblowers and the IRS centered on whether reward payments Read More
Read More