Month: June 2022

The IRS Whistleblower program is an important tool to detect fraud and abuse of the tax system. Since its inception in 2007, the IRS Whistleblower Office has paid out more than 2,500 awards to whistleblowers...

What are SPACs? Special Purpose Acquisition Companies, or “SPACs”, are publicly traded companies that have no commercial operations and are formed solely to raise capital for the purpose of acquiring...

Last month, in a closely watched case, the D.C. Circuit resolved a dispute about a rarely invoked bar to certain whistleblower actions brought under the False Claims Act. In U.S. ex rel. Vt. Nat’l Tel....

Washington, DC — The U.S. Supreme Court agreed to hear United States ex rel. Polansky v. Executive Health Resources, Inc., a case with the potential to significantly impact cases under the False Claims...

What is the California whistleblower law (California False Claims Act)? The California whistleblower law, also called the California False Claims Act, is a law that provides civil financial penalties to...

The SEC shows no signs of slowing down on taking enforcement actions against COVID-related fraud by public companies. On March 31, 2022, the SEC reached a settlement with healthcare software company SCWorx,...

In May, the Securities and Exchange Commission charged BNY Mellon Investment Adviser (“BNY Mellon”) with misrepresenting that certain mutual fund investments had undergone Environmental, Social, and...

Washington, DC, June 1, 2022 – Caris Life Sciences, a clinical laboratory based in Texas, has agreed to pay more than $2.8 million to the federal government to settle a whistleblower lawsuit filed under...