NAVEX’s 2022 Risk & Compliance Hotline & Incident Management Benchmark Report reveals an increase in internal reporting about misconduct and an increase in allegations of … Continued
False Claims Act Qui Tam Whistleblower Protection The FCA protects: “lawful acts . . . in furtherance of an action under [the FCA]”; and “other … Continued
Although violations of OFAC sanctions are enforced primarily by the Office of Foreign Assets Control and the Department of Justice, the SEC can take enforcement … Continued
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