November 28, 2018
SEC whistleblower program has record year, with more submissions and more whistleblower awards
The number of whistleblower submissions to the US Securities and Exchange Commission whistleblower increased 18 percent the past year compared to the previous year, according to a recent SEC report, most...
November 07, 2018
CFTC whistleblower program sets new records in FY 2018
The US Commodity Futures Trading Commission’s whistleblower program marked a banner year in FY 2018, reversing several years of flagging performance and setting several records for the program. In its...
October 25, 2018
The European Commission’s proposed whistleblower directive has major flaws, says US whistleblower attorney
The European Parliament is wrestling with a directive that would mandate that all European Union member states codify certain whistleblower protections into law. In comments submitted to the European Commission...
Posted In Whistleblower Law Insights
October 12, 2018
UK whistleblowers speak out about blowing the whistle
Whistleblowers in the UK, like whistleblowers elsewhere, often face enormous career and personal risks when reporting wrongdoing. The Guardian newspaper recently interviewed 12 UK whistleblowers in various...
Posted In Whistleblower Law Insights
September 26, 2018
Royal Bank of Scotland’s record $4.9 billion fine shows just how powerful FIRREA can be
FIRREA – the Financial Institutions Reform, Recovery and Enforcement Act – has proven to be a powerful law when it comes to prosecuting banks for misconduct involving the issuance of residential mortgage-backed...
Posted In Whistleblower Law Insights
August 09, 2018
Phillips & Cohen submits comments on whistleblower protections in the European Union
In comments submitted to the European Commission, Phillips & Cohen partner and whistleblower attorney Erika Kelton called for a whistleblower program that provides protection, anonymity and financial...
Posted In Whistleblower Law Insights
August 03, 2018
Puerto Rico’s new false claims law is good news for whistleblowers and taxpayers
Puerto Rico has implemented a false claims law that encourages whistleblowers who know of fraud against any Puerto Rican government program, including Medicaid, to step forward by offering them financial...
Posted In Whistleblower Law Insights
August 02, 2018
Fraudulent Initial Coin Offerings – SEC tries a new tactic to educate investors
Fraud in the cryptocurrency market is an increasing concern of the US Securities and Exchange Commission, and the SEC is taking steps to both educate investors and go after those committing the fraud....
May 24, 2018
Study finds link between drug manufacturers’ gifts and increased opioid prescription rates
A new study published in the Journal of the American Medical Association found that doctors receiving gifts from pharmaceutical companies were more likely to prescribe opioids. The study undertook a...
Posted In Whistleblower Law Insights
May 23, 2018
Guam considers False Claims Act equivalent
The False Claims Act has been celebrated as one of the US government’s most effective tools for fighting fraud and holding fraudsters accountable. The law hinges on the initiative of whistleblowers,...
Posted In Whistleblower Law Insights