By Steve Kardell | Published July 29, 2019 | Posted in Whistleblower Litigation | Tagged Tags: $50 million award, allegedly hid information, experienced attorney, JPMorgan Chase, SEC’s whistleblower program, whistleblower | Comments Off on SEC Pays Out $50 Million to JP Morgan Whistleblowers
SEC Pays Out $50 Million to JP Morgan Whistleblowers
A pair of whistleblowers shared in a $50 million award from the Securities and Exchange Commission (SEC) for providing unique information that helped the agency bring an end to misconduct by JPMorgan Chase. The major financial institution allegedly hid information on some of its conflicts of interest from consumers, resulting in a $307 million SEC Read More
Read MoreUC-Irvine Surgeon Wins $2 Million Whistleblower Retaliation Case
A jury in Orange County, California, recently awarded $2 million to a neurosurgeon from the University of California-Irvine who alleged that the university system’s Board of Regents and the former dean of the UCI School of Medicine wrongfully retaliated against him after he filed a grievance against his supervisors. The lawsuit took nearly three years Read More
Read MoreWhistleblower Awarded $40,000 After Retaliation for Reporting OSHA Violations
A whistleblower recently received $40,000 from a jury in the U.S. District Court for the Eastern District of Pennsylvania. The award compensated him for lost wages and pain and suffering after his wrongful termination from Fairmount Foundry, Inc. According to the whistleblower, he was illegally fired from the foundry after he reported some health and Read More
Read MoreWhistleblower Challenges SEC After Lengthy Delays on Award Decision
A whistleblower who produced information leading to a corruption case against Teva Pharmaceutical Industries Ltd. is asking a federal court to intervene in the matter, arguing the U.S. Securities and Exchange Commission (SEC) is taking too long to determine whether the individual will receive an award. The anonymous whistleblower filed the petition in late April. Read More
Read MoreCamden Parking Authority Subject of High-Profile Whistleblower Lawsuit
An employee of the Camden Parking Authority in New Jersey recently filed a whistleblower lawsuit against the agency and her boss, alleging ongoing payroll fraud, public corruption and rigged bidding processes. She also claims to have been a victim of retaliation for reporting the wrongdoing. In her lawsuit, Nicole Rojo says she was fired in Read More
Read MoreFlorida Prison Whistleblower Claims to be Victim of Retaliation
A whistleblower who reported abuse and poor conditions at prisons across the state of Florida now claims to have been a victim of retaliation as he fights against his termination. Correctional Officer Tim Butler first shared his knowledge of the conditions of Florida prisons four years ago anonymously, but says some higher-ups suspected it had Read More
Read MoreOrganized Walkouts at Google Protest Company’s Retaliation Against Sexual Harassment Whistleblowers
Google has been the subject of national criticism recently in the wake of allegations of retaliation against employees who protested the way it handles sexual harassment claims. On May 1, which is International Workers’ Day, employees in Google offices globally participated in organized walkouts to protest the alleged retaliation on a large scale. Similar walkouts Read More
Read MoreHouse Committee Passes Whistleblower Retaliation Protections
The House Financial Services Committee recently passed new legislation that would add protections to whistleblowers from employer retaliation, along with legislation that also creates a clear definition of what is considered insider trading according to U.S. securities laws. The new Whistleblower Protection Reform Act (H.R. 2515) received unanimous support and slightly amends the definition of Read More
Read MoreStudy from Whistleblower Organization Claims Facebook Inadvertently Creates Terror Content
A study released recently by the National Whistleblowers Center offers detail into the activity of terrorist groups on Facebook. It finds that the social network could be accidentally assisting in the generation of terrorist content. The study was conducted over the course of five months and involved the analysis of more than 3,000 people known Read More
Read MoreWhistleblower Files Lawsuit Against Community College District over Construction Bonds
Several years ago, voters approved a $3.3 billion construction bond for the Los Angeles Community College District, the largest two-year college system in the United States. Now, the bond is the subject of a massive whistleblower lawsuit. David Salazar, who was to oversee the bond program when he arrived at the district two years ago, Read More
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