November 13, 2015
Phillips & Cohen partners stand out on ‘500 Leading Lawyers in America’ list
Whistleblower attorneys Mary Louise Cohen, Erika Kelton, and Colette Matzzie, partners at Phillips & Cohen LLP, were among the 500 “Leading Lawyers in America” named in the latest print...
Posted In Whistleblower Law Insights
Financial reporting fraud grabs SEC attention
The Securities and Exchange Commission’s recently released annual reporton enforcement activity shows that its efforts to ramp up enforcement of financial reporting fraud are getting results. The SEC...
November 09, 2015
Military shipping contractor caught defrauding the government thanks to a whistleblower
APL Ltd., an ocean carrier company that contracts with the military, recently agreed to pay a $9.8million settlement, the latest in a number of False Claims Act cases involving logistics contracts between...
Posted In Whistleblower Law Insights
November 06, 2015
First US convictions handed down in Libor manipulation scandal
It only took a federal jury a day and a half to convict two former Rabobank traders of manipulating the London InterBank Offered Rates, or Libor. The convictions of Anthony Allen and Anthony Conti, both...
Posted In Whistleblower Law Insights
Whistleblower claim leads to settlement, arrest of former Warner Chilcott president
The Department of Justice last week announced a $125 million settlement with the New Jersey-based pharmaceutical manufacturer Warner Chilcott to resolve criminal and civil liability for alleged violations...
Posted In Whistleblower Law Insights
Whistleblower Unveils Security Lapse For Government Contractors
Earlier this week, the Department of Justice announced it settled a False Claims Act case with Netcracker Technology Corp. and Computer Sciences Corp. for their failure to ensure that only individuals...
Posted In Whistleblower Law Insights
November 02, 2015
Novartis CEO got it right: Future compliance ‘remains to be seen’
Novartis is what US Attorney Preet Bharara of the Southern District of New York called a “repeat offender” – big time. But that doesn’t seem to bother Novartis CEO Joe Jimenez. In 2010, Novartis...
Posted In Whistleblower Law Insights
October 30, 2015
One analyst per 5,000 ratings = $6M SEC settlement for DBRS
The Securities and Exchange Commission this week yanked away the curtain at DBRS, a credit-ratings agency, and revealed that the firm employed only one analyst to conduct the majority of surveillance tasks...
October 28, 2015
Defendant’s testimony in Libor criminal case is unusual strategy
The first US criminal trial on allegations of Libor rate-rigging by large banks will be getting more attention than usual this week as the lead defendant in the case takes the stand. Anthony Allen, a former...
October 27, 2015
Novartis settlement shows value of whistleblowers
In a closely watched False Claims Act case filed in the Southern District of New York, Novartis announced it has agreed to pay $390 million to settle whistleblower allegations that it had provided pharmacies...
Posted In Whistleblower Law Insights