April 23, 2024
GAO Report Estimates Federal Government Loses $233 Billion to $521 Billion to Fraud Each Year
Introduction to GAO’s Fraud Loss Estimates In the first-of-its-kind effort to estimate government-wide losses to fraud, the U.S. Government Accountability Office (GAO) issued a report that attempted...
Posted In Whistleblower Law Insights
April 22, 2024
How to Become a Qui Tam Relator
The term “qui tam” is derived from the Latin phrase “qui tam pro domino rege quam pro se ipso in hac parte sequitur,” which means “he who sues in this matter for the king...
Posted In Qui Tam, whistleblower program
April 19, 2024
Supreme Court Narrows Scope of Rule 10b-5(b) Claims, But Reaffirms SEC’s Power to Enforce Requirements to Disclose Important Information to the Investing Public
Introduction to the Supreme Court’s Decision In a decision that has important implications for the private securities bar, the Supreme Court held in Macquarie Infrastructure Corp. v. Moab Partners,...
Posted In Whistleblower Law Insights
April 12, 2024
SEC Deputy Director Sheds Light on Commission’s Enforcement Approach for Two Key Initiatives
Overview of SEC Enforcement Initiatives at the “SEC Speaks” Event At the annual “SEC Speaks” event, SEC Division of Enforcement Deputy Director Sanjay Wadhwa provided insight into the Commission’s...
Posted In Whistleblower Law Insights
April 01, 2024
Ford Settles Customs Fraud Case for $365 Million
Ford’s Major Customs Duties Settlement In one of the largest customs duties settlements in recent history, Ford Motor Company has agreed to pay $365 million to the federal government to settle allegations...
Posted In Whistleblower Law Insights