November 17, 2015
SEC whistleblower program report shows continued success
The Securities and Exchange Commission’s Office of the Whistleblower received nearly 4,000 whistleblower tips from every state and 61 different countries in the past year, according to a new report from...
November 17, 2015
$95.5 million settlement by EDMC is ‘significant achievement’ in fraud cases against for-profit colleges
The second largest for-profit college operator in the US agreed Monday to pay a settlement of $95.5 million to resolve allegations that it was running a “high pressure boiler room” where admissions...
Posted In Whistleblower Law Insights
November 16, 2015
Court: ‘Strong public policy’ protects whistleblowers regarding company records
A recent federal court decision in New York sheds light on one of the biggest concerns of any employee or former employee who suspects their employer may be engaging in wrongdoing: When can a whistleblower...
Posted In Whistleblower Law Insights
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
November 13, 2015
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
November 06, 2015
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
November 06, 2015
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