In a January 30, 2022 letter to SEC Chair Gensler, eight State treasurers requested that the SEC investigate Apple’s nondisclosure agreements and whether Apple misled the SEC … Continued
The Department of Justice has announced that during FY 2021, it obtained more than $5.6 billion in settlements and judgments from civil cases involving fraud and … Continued
Securities Fraud Whistleblowers Rewarded $37 Million The Securities and Exchange Commission (SEC) announced a whistleblower award of approximately $37 million to two joint whistleblowers who … Continued
Awards Paid from a Deferred Prosecution Agreement or Non-Prosecution Agreement In September 2020, the SEC revised its whistleblower rules to add a new paragraph (3) to … Continued
Today Better Markets issued a compelling report documenting the success of the SEC Whistleblower Program titled SEC’s Whistleblower Program: A $5 Billion Success Story With … Continued
On January 10, 2022, the Sixth Circuit held in El-Khalil v. Oakwood Healthcare, Inc., 2022 WL 92565 (6th Cir. Jan 10, 2022) that the statute … Continued
In its revamped whistleblower webpage, the CFPB is enlisting the help of whistleblowers to provide tips about the following issues: Any discrimination related to consumer financial … Continued
On December 6, 2021, the Biden-Harris Administration released the first-ever United States Strategy on Countering Corruption (Anti-Corruption Strategy). The Anti-Corruption Strategy outlines a whole-of-government approach … Continued
Earlier this week, Representatives Jan Schakowsky and Lori Trahan (D-MA) introduced the FTC Whistleblower Act of 2021 (FTCWA), which would reward and protect disclosures about … Continued
The SEC Whistleblower Program’s 2021 annual report reveals that the program is achieving significant success in attracting high-quality tips, strengthening the SEC’s enforcement of federal … Continued
Today the CFTC released the annual report of the CFTC Whistleblower Program for FY 2021. The report suggests that the program is playing an important … Continued