By Steve Kardell | Published April 13, 2023 | Posted in Employee Rights, Whistleblower Litigation | Tagged Tags: class action lawsuit, Goldman Sachs, sex discrimination |
A sex discrimination case against Goldman Sachs, which is now 13 years old, is finally scheduled to go before a jury in June 2023. The class action represents more than 1,400 current and former Goldman Sachs employees. Case background The case against Goldman Sachs was initially filed in 2010. The suit claimed that the firm’s Read More
Read MoreThe Supreme Court is expected to rule on two high-profile affirmative action cases in higher education. Experts suggest that this could affect how employers handle their diversity initiatives. Cases before the court The Supreme Court heard cases against Harvard University and the University of North Carolina at Chapel Hill in late October 2022. They were Read More
Read More2022 was a big year for federal financial fraud whistleblower actions. Some of the country’s biggest financial institutions were targeted by the Consumer Financial Protection Bureau, the Department of Justice and the Department of Labor. Here is a brief overview of some of 2022’s biggest cases: Wells Fargo: Wells Fargo was ordered to pay over Read More
Read More2022 saw the government focus on whistleblower actions. From major settlements to expansions of whistleblower law, here are some of the major developments we saw in the previous year: Uber whistleblower: A former Uber executive gave the media over 124,000 sensitive documents, which he believed would reveal Uber’s wrongdoing in “dozens of countries,” including violations Read More
Read MoreCongress recently included the Anti-Money Laundering Whistleblower Improvement Act as part of the omnibus budget, which President Biden has signed into law. This new Act includes measures to expand enforcement actions against money launderers in the U.S. financial system. The Act is designed to incentivize whistleblowers to speak out when they witness wrongdoing. Who is Read More
Read MoreGovernment enforcement agencies spent 2022 investigating claims of healthcare fraud, thanks to whistleblowers. The government recovered billions of dollars from healthcare providers, pharmaceutical companies and more. Most of the cases below involve violations of the federal Anti-Kickback Statute, while whistleblowers are protected under the qui tam provisions of the False Claims Act. Here are some Read More
Read MoreA whistleblower case against the California Public Utilities Commission (CPUC) wrapped up in November 2022. The former, fired CPUC executive director is seeking up to $4.8 million for reporting “fiscal and operational dysfunction.” CPUC is denying the allegations. Case background The six week trial took place in California state court, in which Alice Stebbins, the Read More
Read MoreA former Chicken of the Sea employee has filed a complaint in Georgia federal court, alleging that she was fired from her HR position when she questioned misappropriation of ERISA-governed benefit funds. Case background Leah Thomas, a human resources employee for Chicken of the Sea, says she was fired after she reported possible issues with Read More
Read MoreLate last year, the United States Commodity Futures Trading Commission reached a $710 million settlement with 11 major financial institutions, including Goldman Sachs, Deutsche Bank, Morgan Stanley, Citibank and Bank of America, for recordkeeping and supervision failures. Similarly, the SEC announced a $1.1 billion settlement with the same institutions, for the same behavior. Case background Read More
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