By Admin | Published September 14, 2015 | Posted in Whistleblower Litigation | Tagged Tags: complex fraud case, exposing wrongdoing, financial rewards, fraudulent scheme, whistleblower | Leave a comment
SEC Hands Down $3 Million Award to Whistleblower in Fraud Case
The U.S. Securities and Exchange Commission (SEC) recently announced that it paid a whistleblower an award of more than $3 million for providing information that enabled the agency to crack a complex fraud case. This award was the third-highest amount handed out so far since the SEC established the whistleblower program several years ago. The Read More
Read MoreSanta Cruz County Says No to TBTF Banks
The story of how the biggest banks on Wall Street, like JP Morgan Chase, Citigroup and others, pled guilty to a number of international financial crimes is well known. What is not quite as well known is that these banks received no penalties other than some stiff fines. Despite taking part in collusion to fill Read More
Read MoreWhistleblower Aims to Uncover Bank Fraud
Whistleblower Nicholas Wilson has alleged that HSBC, Great Britain’s largest bank, has committed fraud totaling in £1 billion throughout the last three decades. He also claims that despite his allegations being backed by officials and members of the government, the British media has failed to report on his story. Wilson’s whistleblower claims allege that through Read More
Read MoreWhistleblower Lawsuit Rests on Allegedly Withheld Documents
On June 19, the whistleblower in a False Claims Act suit argued that the court should take action to secure documents that demonstrate Abbott Laboratories encouraged off-label marketing and doctor kickbacks. The whistleblower and former Abbott employee, Amy Bergman, denied the company’s claims that documents have already been shared, and believes that evidence supporting her Read More
Read MoreCongress Considers More Whistleblower Protections for Oil Industry
Several lawmakers in Congress are proposing a bill to expand whistleblower protections for those in the oil industry working on the Outer Continental Shelf (OCS). These workers are playing key roles in oil and gas exploration, production, drilling and spill cleanup. The bill, called the Offshore Oil and Gas Worker Whistleblower Protection Act of 2015, Read More
Read MoreWhistleblower Lawsuit Against Trinity Results in $663 Million Verdict
A Texas federal judge issued a $663 million verdict against Trinity Industries Inc. following a jury’s decision that the company was guilty of committing fraud against the U.S. government by knowingly selling it unsafe guardrails. The judge tripled a previous $175 million verdict and assessed more than $138 million in penalties. Whistleblower Joshua Harman received Read More
Read MoreWhistleblower Sues NJ Firm for Alleged Unethical Billing Practices
A lawsuit was filed June 12 against Einhorn Harris Ascher Barbarito & Frost PC for allegedly firing a former legal secretary for issuing a complaint about misconduct she believed was taking place at the New Jersey law firm. In the complaint, whistleblower Cynthia Reeves accused Einhorn Harris of incorrect billing practices and priorities which placed Read More
Read More$7.5 Million Settlement Reached in Whistleblower Lawsuit Alleging False Medical Records
Orbit Medical Inc. and Rehab Medical Inc. have agreed to pay a $7.5 million settlement at the close of a five-year whistleblower lawsuit. Two former employees of the companies filed the claim, and they alleged that Orbit’s top executives instructed its sales staff to create false medical records to unlawfully bill Medicare for electric wheelchairs. Read More
Read MoreWhistleblower Lawsuit Against Major Food Vendor Settles for $19 Million
The largest food vendor in Washington, D.C. will pay $19 million as a result of a whistleblower lawsuit claiming the company poorly managed and overcharged for public school meals. The lawsuit was filed against Chartwells and Thompson Hospitality, which had been providing meals for the schools since 2008. The suit claimed that in addition to Read More
Read MoreSEC Calls Itself Advocate of the Whistleblower
The U.S. Securities Exchange Commission (SEC) has continued to prove that it will support the whistleblower bounty program. Since the program’s creation in 2011, the agency’s Office of the Whistleblower has awarded more than $50 million to whistleblowers and continues to protect individuals who come forward to report fraudulent activity. SEC Chair Mary Jo White Read More
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