April 28, 2011
SEC misses deadline for whistleblower rules
The Securities and Exchange Commission has missed the April 21 deadline for finalizing its new whistleblower rules. The expected date is now between May and July, according to the SEC’s calendar....
April 26, 2011
Feds effort to target individuals responsible for fraud reaches Forest Labs CEO
The Obama administration is pursuing individual executives who are responsible for wrongdoing, rather than simply imposing fines on their companies. This month the CEO of Forest Laboratories was notified...
Posted In Whistleblower Law Insights
April 20, 2011
Philly has an app for that
Reporting fraud in Philadelphia has gone high tech. City Controller Alan Butkovitz has introduced an iPhone app that allows citizens to submit reports directly to the controller’s fraud unit. The...
Posted In Whistleblower Law Insights
April 19, 2011
Johnson and Johnson to pay $70 million for subsidiaries’ FCPA violations
Johnson and Johnson has agreed to pay $70 million, following allegations that subsidiaries of the company used improper bribes in foreign countries, including payments to Saddam Hussein, in violation of...
April 11, 2011
Verizon agrees to pay $93.5 million to settle whistleblower allegations
Verizon has agreed to pay $93.5 million to resolve allegations that it systematically overcharged the government for voice and data services beyond their fixed contracts. The whistleblower case had been...
Posted In Whistleblower Law Insights
April 05, 2011
Appeals court upholds whistleblower secrecy law
A divided court of appeals for the 4th circuit has upheld the unconditional sealing of False Claims Act cases. Dissenting parties felt that the automatic application of a seal violated the First Amendment...
Posted In Whistleblower Law Insights
April 04, 2011
Report identifies problem in wasteful price growth at Pentagon
A report from the Government Accountability Office has identified $135 billion dollars in price growth from original spending estimates at the Pentagon in the past two years. The report indicates that...
Posted In Whistleblower Law Insights
April 04, 2011
Anti-bribery laws: US v. UK
Although both the United States and the United Kingdom are cracking down on corporate fraud and corruption, the U.K.’s Bribery Act of 2010 may be a game-changer. The Bribery Act, which is broader in...
April 04, 2011
CFTC Commissioner Chilton says rules must encourage whistleblowers
Bart Chilton, Commodities Futures Trading Commissioner, says that the success of the whistleblower provisions of the False Claims Act should inform CFTC whistleblower proposals. Chilton admits that whistleblower...
April 02, 2011
Debating a whistleblower reward program for Canada
The unfounded fear that whistleblower programs hurt internal compliance and disclosure programs now is being raised in Canada following an announcement by the Ontario Securities Commission that it is considering...