By Steve Kardell | Published November 11, 2019 | Posted in Fraud, Whistleblower Litigation | Tagged Tags: experienced attorney, fraud, misleading its investors, SEC, Unregistered Securities Sales | Comments Off on SEC Issues Charges to Several Defendants for Unregistered Securities Sales
SEC Issues Charges to Several Defendants for Unregistered Securities Sales
The U.S. Securities and Exchange Commission (SEC) charged Crystal World Holdings, Inc., The New Sports Economy Institute and Christopher Paul Rabalais for misleading its investors in an unregistered offer and sale of Crystal World Holdings securities to domestic and international investors. Case background According to the SEC complaint, Rabalais and his two companies listed as Read More
Read MoreTexas Medicare Fraud Scheme Results in $339 Million Judgment
A federal judge in the U.S. District Court for the Northern District of Texas recently entered a judgment in a Medicare fraud case against four defendants valued at a total of $339,402,631. The judgment stems from a whistleblower claim filed in 2013 by Grant Bachman, who filed his initial lawsuit against multiple home health care Read More
Read MoreMcDonald’s Franchisee in Texas Settles Discrimination Claim
The U.S. Department of Justice recently announced a settlement with R.E.E. Inc., the owner and operator of several McDonald’s franchises in the Rio Grande Valley in Texas. The settlement arose from a lawsuit alleging the R.E.E.-owned violated anti-discrimination rules under the Immigration and Nationality Act by routinely discriminating against non-American citizens authorized for work while Read More
Read MorePhilly-Area Addiction Treatment Facility to Pay $2.85 Million to Settle False Claims Allegations
This summer, Eagleville Hospital, a provider of various substance abuse treatments to Medicare and Medicaid patients, agreed to a $2.85 million settlement with the government in the face of allegations it defrauded various healthcare programs. In the lawsuit, it was alleged that the hospital billed Medicare, Medicaid and the Federal Employees Health Benefits Program fraudulently Read More
Read MoreNational Holdings Subject of Whistleblower Retaliation Lawsuit
A former chief compliance officer at National Holdings Corp. has filed a lawsuit against the company, claiming she was terminated after 16 years with the brokerage firm because she began looking into allegations of insider trading by the firm’s executives. The lawsuit was filed this summer in the U.S. District Court for the Southern District Read More
Read MoreWhistleblowers Claim Retaliation Continues to Run Rampant at VA, Despite New Accountability Office
The U.S. Department of Veterans Affairs has made it known that it is working on new policies, training and guidelines to create a better culture for whistleblowers within the organization. However, VA employees and the whistleblower community believe the culture of retaliation continues to affect life at the agency. The wait time scandal at the Read More
Read MoreGovernment Provides Whistleblowers New Tools for National Whistleblower Day
July 30 was National Whistleblower Day in the United States. It’s a day to celebrate the brave employees who provide information on waste, fraud and wrongdoing in their agencies and companies. As a way to commemorate the day, the Council of the Inspectors General on Integrity and Efficiency released brand new resources to help whistleblowers Read More
Read MoreWhistleblower Tips Off Authorities on Alleged Kickback Scheme Involving Kidney Dialysis
Aa whistleblower recently submitted a complaint alleging Fresenius and DaVita Kidney Care, along with a charitable organization (American Kidney Fund), conspired in a kickback scheme in which patients were offered incentives to use specific dialysis providers that donated to the charity. The scheme allegedly occurred over the course of years. According to the complaint, a Read More
Read MoreKnoxville Police Whistleblower Claims Retaliation Lead to Resignation
A former law enforcement officer with the Knoxville Police Department in Tennessee claims his department retaliated against him after he filed a complaint about vulgar roll call videos and various other examples of inappropriate behavior within the department. He ultimately resigned as a result of the alleged retaliation. The officer. Lt. Travis Brasfield, submitted a Read More
Read MoreFirst FCA Payout Over Cybersecurity Goes to Cisco Whistleblower
Cisco Systems Inc. recently agreed to a significant settlement after a whistleblower filed a lawsuit claiming the company improperly sold video surveillance software that had known weaknesses to federal and state government agencies. The case marks the very first time a False Claims Act resulted in a payout over failure to adhere to proper cybersecurity Read More
Read More
