Senator Catherine Cortez Masto recently introduced the Financial Compensation for Consumer Financial Protection Bureau (CFPB) Whistleblowers Act, which would require the Consumer Financial Protection Bureau … Continued
All too often, whistleblowers who disclose fraud to their employers, law enforcement, or government agencies suffer retaliation by their employers. Whistleblower retaliation takes a … Continued
Promissory Note Frauds Fraudsters have recently begun to use promissory notes as vehicles to defraud investors out of billions of dollars. Most promissory note frauds share common … Continued
Air Safety Risks as Air Travel Resumes A report recently released by Allianz titled Aviation trends post Covid‑19 identifies significant safety risks in the airline … Continued
Cryptocurrency Tax Fraud and Tax Evasion Due to weak reporting requirements that have not kept up with rapidly evolving technology, tax evaders have been able … Continued
There is mixed authority on whether the Sarbanes-Oxley whistleblower protection law protects disclosures about inadequate cybersecurity. Last year, in an unpublished decision, the Third Circuit … Continued
Collapse Yes, Section 23(h)(1) of the Commodity Exchange Act prohibits retaliation by a covered employer against a whistleblower. The whistleblower protection provision of the CEA … Continued
Spoofing and Market Manipulation Spoofing is a form of market manipulation where traders artificially inflate the supply and demand of an asset to increase profits. … Continued
The “contributing factor” causation standard is favorable for whistleblowers. The words “a contributing factor” mean any factor which, alone or in connection with other … Continued
A critical reason for the success of the SEC whistleblower program is the SEC’s adoption and enforcement of a strong anti-gag rule prohibiting any “person” … Continued