Month: May 2016

Jeffrey Dickstein in Modern Healthcare, 5/28/16. “We don’t think they’re fraudsters. But on the other hand, we also think that hospitals that are sophisticated enough to operate on hearts are sophisticated...

Erika Kelton in Inside Counsel, 5/24/16. “The recent $3.5 million award is significant because it demonstrates the SEC’s willingness to reconsider its preliminary decisions about whistleblower awards...

In April, the Commodity Futures Trading Commission paid out a $10 million whistleblower award, by-far the largest whistleblower award in program history. Now the head of the CFTC whistleblower program...

The Panama Papers scandal has focused worldwide attention on international tax evasion. But US regulators are taking a close look at the Panama Papers for criminal and civil violations as well, with a...

A construction contractor settled a whistleblower lawsuit for $2.25 million this week that alleged the company falsely claimed it sub-contracted work to a minority-owned business in order to take advantage...

The Securities and Exchange Commission has shown in two whistleblower awards this year that it will reward individuals who provide significant assistance in existing cases, not just to whistleblowers whose...

Erika Kelton in The National Law Journal, 5/13/16. “What the whistleblower initially argued was his or her information caused the commission to inquire into different conduct. The commission interpreted...

It’s not strange to see a hedge fund involved in a whistleblower lawsuit. But usually it isn’t on the side of the whistleblower. That, however, is the situation with Citadel, a $24 billion hedge fund....

A furniture retailer agreed to pay $15 million to the federal government to settle charges that it had allegedly engaged in customs fraud and violated the False Claims Act by misclassifying wooden bedroom...