By Steve Kardell | Published December 14, 2021 | Posted in Whistleblower Litigation | Tagged Tags: SEC, SEC whistleblower award, SEC whistleblower program | Comments Off on SEC Issues Shared $2.6 Million Award to Five Whistleblowers
SEC Issues Shared $2.6 Million Award to Five Whistleblowers
The U.S. Securities and Exchange Commission (SEC) announced an award of $2.6 million shared among five individuals who assisted the agency with three separate enforcement proceedings. One whistleblower received $1.2 million from the SEC for providing crucial independent analysis based on an algorithm they developed and applied to public data. This assistance from the whistleblower Read More
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Hospital Pays More Than $3 Million in Whistleblower Claim Settlement
John Peter Smith Hospital recently agreed to pay $3.3 million to settle allegations of False Claims Act violations. The hospital was alleged to have upcoded claims submitted to healthcare programs to receive more money in reimbursements. Case background The lawsuit that prompted the FCA action originally was filed in 2018 by the former Director of Read More
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Ascension Michigan Pays $2.8 Million to Resolve Whistleblower Claim
A hospital system based in Michigan agreed to settle a whistleblower claim for $2.8 million, ending a case that featured allegations it submitted false claims for medically unnecessary procedures. Ascension Michigan comprises St. John Hospital and Medical Center, St. John Macomb Oakland Hospital, Providence Park Hospital and Ascension Crittenton Hospital. The group agreed to pay Read More
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Which Protections are Available for Corporate Whistleblowers?
There are not any federal laws that afford general protections to corporate whistleblowers. However, there are many types of protected disclosures under federal whistleblower laws. These protections come from a variety of sources, including the following: False Claims Act: The False Claims Act protects disclosures about fraud toward the government, including any actions taken to Read More
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More Workers Than Ever Quitting Their Jobs
The number of people throughout the United States quitting their jobs has reached record highs as Americans see significant opportunities in the job market and opportunities to earn more money elsewhere. Approximately 4.3 million people quit their jobs in August alone, representing nearly three percent of the workforce. That is the second time this year Read More
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Three Compliance Officers Awarded $1 Million in SEC Claim
The Securities and Exchange Commission (SEC) recently awarded three compliance professionals a joint award of $1 million for their role in helping the agency uncover and prosecute misconduct at their firm. As is always the case with SEC whistleblower awards, the identities of those whistleblowers were kept private, as well as any potential identifying information, Read More
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Charges Issued in $784 Million Telemedicine Kickback Scheme
The U.S. Department of Justice recently announced charges from a grand jury in New Jersey issued against the owner of multiple telemedicine companies. The defendant is based in Florida and runs a group known as the Video Doctor Network, which allegedly participated in a widespread Medicare fraud scheme. Case background The owner of the Video Read More
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Former Metals Traders for JP Morgan Face Racketeering Charges
A federal judge in Chicago ruled that four ex-employees for JPMorgan Chase & Co. must face racketeering charges upon accusations of price manipulation of metals futures. The judge’s decision resulted in a trial being set for October 19. The case represented the most heavy-handed attempts by the U.S. Department of Justice so far to prevent Read More
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New Legal Concern: Long-Term COVID Discrimination
The Biden administration recently issued guidance that workers with long-term, lingering symptoms of COVID-19 may be protected under federal disability laws. This guidance brings forth a new area of concern for employers: that they may become targets of litigation if they discriminate against or fail to accommodate a person with such lingering symptoms. About the Read More
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Kentucky Law Enforcement Training Agency Accused of Whistleblower Retaliation in Lawsuit
A group of current and former employees of the Kentucky Department of Criminal Justice Training filed a lawsuit in which they claimed systemic retaliation against whistleblowers by the agency’s leadership within the Justice and Public Safety Cabinet. The cabinet is responsible for training many of the state’s law enforcement officers. Defendants included the cabinet and Read More
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