CFTC Awards Whistleblower with Record $10 Million

By Steve Kardell | Published April 12, 2016 | Posted in Whistleblower Litigation | Tagged Tags: CFTC, Dodd-Frank Wall Street Reform and Consumer Protection Act |

On 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

Alternative Dispute Resolution Can Work Well in Whistleblower Cases

By Steve Kardell | Published March 7, 2016 | Posted in Uncategorized | Tagged Tags: ADR program, Dodd-Frank Wall Street Reform and Consumer Protection Act, Sarbanes-Oxley Act |

When Congress passed the Sarbanes-Oxley Act of 2002, it included a whistleblower provision (Section 806) that protected employees of public companies who were victims of retaliation after they had either disclosed or complained about fraudulent acts by their employers. Since then, the number of cases that can be brought under SOX has been significantly increased. Read More

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"Steve Kardell was terrific in representing me in some very adversarial discussions with Citigroup and also later represented me in my testimony before the Financial Crisis Inquiry Commission." -Richard Bowen, Citigroup Whistleblower
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