By Steve Kardell | Published September 25, 2017 | Posted in Whistleblower Litigation | Tagged Tags: SEC, SEC whistleblower program, whistleblower award, whistleblowers |
On February 28, the U.S. Securities and Exchange Commission (SEC) awarded a whistleblower 20 percent of the sanctions paid in association with an enforcement action brought forth as a result of unique information provided by that whistleblower. In this case, the SEC clarified that the whistleblower’s own culpability in some of the securities violations at Read More
Read MoreRecently implemented rule changes allow the Commodity Futures Trading Commission (CFTC) to file whistleblower retaliation claims against employers. These changes, adopted in May, also prevent employers from preemptively forbidding employees from communicating with the CFTC. The new rules, which were adopted unanimously, also establish a new claims review process. This will help establish initial determinations Read More
Read MoreThe U.S. Court of Appeals for the Third Circuit recently halted a False Claims Act lawsuit filed against Genentech Inc. In the suit, the plaintiff claimed the company defrauded Medicare by hiding some side effects of its cancer drug Avastin. The court stated the whistleblower did not show that a failure to report the safety Read More
Read MoreA former executive at Indian software company Infosys accused the company of racial discrimination in its hiring and promotion practices, saying the company favors Indian employees over people of other backgrounds. Erin Green, who is white, worked at the company’s Texas office from October 2011 to July 2016. He claims his former employer has given Read More
Read MoreEarlier this year, Wells Fargo agreed to pay $35 million to more than 500 African-American employees to settle a lawsuit that alleged the large bank routinely favored its white employees. In the lawsuit, six black brokers from Wells Fargo alleged the bank regularly showed a nationwide pattern of racial discrimination. They say that black employees Read More
Read MoreCable news network Fox News has found itself in a great deal of legal hot water lately, including sexual harassment allegations levied against several of its most notable executives and on-air personalities. The latest legal challenge to arise came in May in the form of a discrimination lawsuit filed by anchor Diana Falzone. Falzone accuses Read More
Read MoreA federal judge has ruled that a whistleblower lawsuit filed against Duke University and a pair of researchers can proceed. The lawsuit alleges the university and researchers were able to secure $112 million in federal funding based on fraudulent work. The lawsuit was initially filed under the False Claims Act in 2013. If successful, it Read More
Read MoreThe U.S. Department of Labor’s Administrative Review Board recently revived a Patient Protection and Affordable Care Act (ACA) claim made by a whistleblower who was a former nurse at the Medical Center of Aurora. The board says an administrative law judge was mistaken in finding she did not meet the requirements for an ACA whistleblower Read More
Read MoreThe U.S. Department of Justice recently sued UnitedHealth Group, claiming the company’s senior executives were aware it was overbilling Medicare by hundreds of millions of dollars annually and that they put a stop to a repayment plan in 2014 to meet revenue expectations. The official complaint was filed in May in the U.S. District Court Read More
Read MoreIn May, the U.S. Securities and Exchange Commission (SEC) awarded a whistleblower more than $500,000. The company insider had provided valuable information to the agency that “prompted an SEC investigation into well-hidden misconduct” and led to a successful agency enforcement action. The award marked the second in a week by the SEC after more than Read More
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