November 20, 2012
Six banks have paid $162 million to settle whistleblower lawsuit alleging hidden fees charged on veterans’ loans
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...
Posted In Whistleblower Law Insights
November 16, 2012
SEC received 3,000 whistleblower tips in the past year.
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...
September 25, 2012
Rewards to offset the risks of blowing the whistle
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...
Posted In Whistleblower Law Insights
September 21, 2012
Sodexo settlement paved the way for Compass Group USA’s $18 million settlement
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...
Posted In Whistleblower Law Insights
September 20, 2012
Erika Kelton named “Whistleblower Lawyer of the Year”
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...
Posted In Whistleblower Law Insights
September 06, 2012
Retaliation against whistleblowers rising
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...
Posted In Whistleblower Law Insights
August 23, 2012
SEC’s new whistleblower program gets big response
Since Congress created a strong whistleblower program at the Securities and Exchange Commission under the Dodd-Frank Act in July of 2010, tips have been pouring into the SEC in record numbers, according...
August 22, 2012
Affordable Care Act boosts fight against health care fraud
NPR reported yesterday morning on the ways the Affordable Care Act helps fight health care fraud. The story noted the difficulty government regulators have in keeping up with the various health care scams...
Posted In Whistleblower Law Insights
August 22, 2012
SEC grants maximum award to whistleblower
The Securities and Exchange Commission yesterday granted the first whistleblower award under the new program created by the Dodd-Frank Act. The reward totaled $50,000, or thirty percent of the SEC’s...
August 21, 2012
SEC announces first whistleblower award
The U.S. Securities & Exchange Commission has made its first whistleblower award. The SEC Whistleblower Office was established in August 2011, pursuant to the Dodd-Frank Act. According to the SEC...