By Steve Kardell | Published July 12, 2022 | Posted in Fraud, Whistleblower Litigation | Tagged Tags: CFTC, Commodity Futures Trading Commission, market manipulation |
The U.S. Commodity Futures Trading Commission (CFTC) issued a Notice of Covered Action (NCA) on May 18 for action taken against Kraft Foods Group, Inc. and Mondelez Global LLC. The companies are charged with manipulating the market, specifically with regard to prices of cash wheat and wheat futures. With the NCA issued, whistleblowers are able Read More
Read MoreThe Commodity Futures Trading Commission (CFTC) recently announced an award of approximately $10 million to a whistleblower who provided unique information that prompted the opening of a CFTC investigation. The whistleblower provided this information at the earliest possible stages of the investigation, and further assisted the organization in later stages with supplementary information. Representatives from Read More
Read MoreThe 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
Read MoreThe Commodities Futures Trading Commission (CFTC) announced this summer a whistleblower award of approximately $9 million, one of its most valuable awards yet. The award was granted to a whistleblower who provided specific, credible and timely information that led the CFTC to open an investigation that ultimately led to a successful enforcement action. It is Read More
Read MoreThe Commodity Futures Trading Commission (CFTC) announced a brand-new whistleblower award worth approximately $1.5 million would be paid out to a whistleblower who filed a claim through the agency’s whistleblower compensation program. Per CFTC policy, no information was provided about the whistleblower’s identity or the case they helped resolve, other than to say the whistleblower’s Read More
Read MoreThe Commodity Futures Trading Commission (CFTC) announced it gave a whistleblower award of $1.5 million to a whistleblower, recognizing that individual’s contribution of significant evidence to the CFTC after first reporting his or her concerns internally. While there is no requirement that whistleblowers make the reports internally first, the commission is likely to give larger awards to Read More
Read MoreThis past summer, the U.S. Commodity Futures Trading Commission (CFTC) awarded $50,000 to a whistleblower for information provided to the agency. This was the fourth award CFTC has paid out through its whistleblower program, which was created as part of the Dodd-Frank Act of 2010. It was also the second awarded so far in 2016. Read More
Read MoreOn April 4, the Commodity Futures Trading Commission (CFTC) awarded a whistleblower with more than $10 million. This is just the third whistleblower award the CFTC has approved since its whistleblower program was enacted in 2011, and it is by far the largest amount awarded to date. Before this, the biggest award that had been Read More
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