By Steve Kardell | Published March 1, 2022 | Posted in Whistleblower Litigation | Tagged Tags: SEC whistleblower award, Securities Exchange Commission, U.S. Securities and Exchange Commission | Comments Off on $13 Million Whistleblower Award First from SEC of 2022
$13 Million Whistleblower Award First from SEC of 2022
On January 6, the U.S. Securities and Exchange Commission (SEC) handed down its first whistleblower award of the year, a sizable $13 million pot to a whistleblower who provided the agency with unique information about ongoing fraud. The whistleblower’s original information aided the SEC in obtaining emergency relief to minimize the losses of investors. SEC Read More
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Associate Athletic Director at LSU Claims Termination Was Retaliation for Whistleblowing
The attorneys for former associate athletic director Sharon Lewis of Louisiana State University (LSU) claim her firing was a result of retaliation. Lewis had previously filed a $50 million federal racketeering lawsuit against the university over Title IX violations against LSU football players, coaches and officials. She was fired on January 5, and attorneys say Read More
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Recapping 2021 for the CFTC’s Whistleblower Program
The Commodity Futures Trading Commission (CFTC) Whistleblower Program had a banner year in 2021, with its record-setting $200 million whistleblower award serving as the headline for the year. There were plenty of other noteworthy awards issued that year, though, all of which demonstrated the agency’s commitment to protecting and rewarding whistleblowers who provide original, high-quality Read More
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Hayat Pharmacy to Pay More than $2 Million to Resolve False Claims Act Lawsuit
Hayat Pharmacy, which operates 23 pharmacy locations throughout the Milwaukee metropolitan area, will pay more than $2 million to resolve allegations it submitted false claims to Medicare and Medicaid for various prescription medications. In addition to paying $2 million to resolve the claims, the pharmacy chain will also conduct training concerning fraud, waste and abuse, Read More
Read MoreSEC Issued 11 Whistleblower Awards in January Alone
January was a busy month for the U.S. Securities and Exchange Commission. According to the agency, it issued 11 whistleblower awards in the first month of 2022. This year marks the 10th anniversary of the first whistleblower awards issued in the SEC’s whistleblower program in 2012. Since the program was founded it has awarded $1.2 Read More
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Sixth Circuit Provides Clarification on False Claims Act Whistleblower Statute of Limitations
On January 10, 2022, the Sixth Circuit ruled the statute of limitations period for False Claims Act whistleblower retaliation cases begins when the whistleblower is first notified of the adverse retaliatory action. This clarification came in the ruling of El-Khalil v. Oakwood Healthcare, Inc. Case background The plaintiff in the case, El-Khalil, witnessed employees of Read More
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Arthrex Agrees to $16 Million Settlement in Kickback Case
Arthrex Inc., an orthopedic device company based in Florida, agreed to pay $16 million to settle claims it violated the False Claims Act (FCA) in illegally paying kickbacks to a physician so that physician would use and recommend its products. The allegations in the case were originally brought forth by a whistleblower under the FCA’s Read More
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Department of Labor Investigating Apple Over Whistleblower Retaliation Claim
The United States Department of Labor will investigate allegations that Apple retaliated against an employee who blew the whistle on company wrongdoing. The whistleblower is Ashley Gjovik, a former senior engineering program manager. Gjovik had originally complained she was subjected to frequent harassment and unsafe working conditions while she worked for Apple. Case background Apple Read More
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NHTSA Issues First Ever Whistleblower Award
There is an increasing number of options for whistleblowers to submit information to the federal government and share in recovery money. The National Highway Traffic Safety Administration (NHTSA) recently joined organizations like the SEC and CFTC when it issued its first whistleblower award. The administration gave out more than $24 million to a whistleblower who Read More
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CFTC Now Accepting Claims for Whistleblower Awards in Massive Cattle Fraud Case
The U.S. Commodity Futures Trading Commission (CFTC) recently released a Notice of Covered Action (NCA) regarding enforcement actions being taken against Easterday Ranches, located in Washington. In December, the government ordered Easterday Ranches to pay $263 million in restitution penalties associated with a fraudulent cattle scheme. Whistleblowers can now submit award applications to the CFTC Read More
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