By Steve Kardell | Published August 21, 2017 | Posted in Whistleblower Litigation | Tagged Tags: whistleblower cases, whistleblower laws, whistleblower lawsuits |
Blowing the whistle when you discover wrongdoing within your business or organization could create a great deal of turbulence in both your personal and professional life. Therefore, it’s important to consider all the possible consequences and outcomes before you decide to act. The following are a few questions you should ask yourself before serving as Read More
Read MoreThe U.S. Securities and Exchange Commission (SEC) announced a new whistleblower award in April. This time, the payout was worth nearly $4 million for a whistleblower who provided a valuable tip to the agency, and then assisted with the follow-up investigation. According to the SEC, the whistleblower provided the agency with “detailed and specific information Read More
Read MoreWalt Disney Co.’s 401(k) fiduciaries will not have to defend a class action lawsuit that challenged their choice to allow participants in the investment plans to invest their assets in a mutual fund that heavily invested in Valeant Pharmaceuticals International Inc. stock. The participants’ amended lawsuit was dismissed by Judge Percy Anderson on April 21. Read More
Read MoreA federal court in Texas ordered Timothy L. Ford, president of Commercial Recovery Systems, Inc., to pay $2 million in penalties for a violation of the Fair Debt Collection Practices Act. The verdict came at the request of the Federal Trade Commission. Ford was accused of falsely threatening debtors, a significant violation of the FDCPA. Read More
Read MoreWith more employees than ever becoming aware of the federal protections available for whistleblowers, there has been a corresponding rise in unhappy workers looking to sue their former employers. However, in at-will employment states like Pennsylvania, proceeding with these claims is not always a viable prospect. Recent trends, however, appear to provide greater relief to Read More
Read MoreA jury in California has awarded $25.1 million in damages to a former employee of Cardiovascular Systems Inc. after determining the company wrongfully fired him. The employee, who was at one point a regional sales manager for CSI, filed the lawsuit against the company in 2015. In the suit, he claimed the medical device manufacturer Read More
Read MoreA federal judge in Florida has issued a stay on more than $350 million in False Claims Act judgments in fear that the nursing homes ordered to pay them could suddenly shut down as a result. In his action, the U.S. district judge prohibited enforcement agencies from collecting on the judgments as the nursing home Read More
Read MoreThe Financial Industry Regulatory Authority (FINRA), a self-regulatory agency, has updated its sanctions guide to ensure in-house judges consider whether broker-dealers took advantage of elderly or vulnerable clients when making their rulings. The agency also expanded its guidance related to how judges should adjust penalties when sanctions have been imposed by other federal agencies, in Read More
Read MoreIn the wake of its major scandal involving millions of unauthorized accounts opened in its customers’ names, Wells Fargo is “clawing back” more than $75 million from former top executives. The bank announced the effort in April after an internal investigation found that its former executives did not act quickly enough to look into the Read More
Read MoreLegal counsel for the U.S. government is pushing back against an effort for a new trial from two brothers convicted for their roles in a scheme to misuse H-1B work visas. According to an opposition brief, government attorneys say the brothers have presented no new evidence that would overturn the original ruling. Atul and Jiten Read More
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