Whistleblower Law Insights

The U.S. Dept. of Justice and more than a dozen states have filed suit against Standard & Poor’s, alleging that the firm’s inflation of mortgage investments cost investors billions when...

The whistleblower programs at the Securities and Exchange Commission and the Commodity Futures Trading Commission are working “incredibly well,” according to Phillips and Cohen partner Erika Kelton....

Several banks that recently settled cases for mortgage abuses will be able to deduct those settlement payments as “business expenses,” making those settlements less painful for the banks than they...

The government recovered a record-breaking $5 billion in FY 2012 under the False Claims Acts, a top Justice Department official announced today. Principal Deputy Assistant Attorney General Stuart Delery...

Five more banks and mortgage companies have agreed to pay the federal government a total of $116.7 million to settle a whistleblower lawsuit that alleged the banks illegally charged veterans hidden fees...

In the past year, the Securities and Exchange Commission (SEC) received over 3,000 whistleblower tips, according to the SEC’s 2012 “Annual Report on the Dodd-Frank Whistleblower Program” released...

Despite the draw of large whistleblower rewards distributed by the government recently, like the $104 million awarded to Brad Birkenfeld for exposing secrets about Swiss banking to the IRS, a recent New...

Foodservice management company Compass Group USA has paid $18 million to the state of New York to settle charges that it cheated New York schools for more than seven years by pocketing rebates from food...

Whistleblower attorney Erika Kelton, of Phillips & Cohen LLP, was named the 2012 “Whistleblower Lawyer of the Year” by a leading national whistleblower organization last week. Kelton was awarded...

Retaliation against whistleblowers is on the rise, according to a report by the Ethics Resource Center.  “Retaliation: When Whistleblowers Become Victims” notes dramatic increases in various forms...