Dodd-Frank Whistleblower Archives

Whistleblower Lawyer Jason Zuckerman Will Deliver Address About SEC Whistleblower Program

Leading whistleblower lawyer Jason Zuckerman will deliver an address at the NRS Fall 2017 Compliance Conference in Las Vegas on October 26th titled “Whistleblower Program: The ‘Game-Changer’ in Securities Enforcement and Compliance.” Just seven years after Congress enacted the Dodd-Frank Act, whistleblowers have enabled the SEC to recover one billion dollars in penalties and protect investors by … Continued

Whistleblower Lawyer Zuckerman Will Speak on Panel About Whistleblowing in the Era of Sarbanes-Oxley and Dodd-Frank

Leading whistleblower lawyer Jason Zuckerman will speak at a symposium titled What Would We Do Without Them: Whistleblowers in the Era of Sarbanes-Oxley and Dodd-Frank. The symposium is sponsored by the The Journal of Corporate and Financial Law and Fordham Corporate Law Center. The keynote speaker is Jane Norberg, Chief of the SEC Office of the Whistleblower, and the other … Continued

Report Improper Revenue Recognition and Qualify for an SEC Whistleblower Award

On September 7, 2017, the SEC announced that financial services firm State Street agreed to pay more than $35 million to settle charges that it fraudulently charged secret mark-ups for transition management services. According to the SEC’s order, the scheme generated approximately $20 million in improper revenue for the firm. After a client discovered the … Continued

Appealing an SEC Whistleblower Award Determination

SEC Whistleblowers Denied Multimillion-Dollar Award On August 31, 2017, two whistleblowers appealed to the Second Circuit the SEC’s denial of a whistleblower award related to a 2012 enforcement action against Syntax-Brillian Corporation. According to the court filings, the whistleblowers provided information to the SEC that led to $60 million in civil fraud judgments against the … Continued

SEC Whistleblower Attorneys Publish Column in Forbes About Success of SEC Whistleblower Reward Program

One Billion Reasons Why The SEC Whistleblower-Reward Program Is Effective SEC whistleblower attorneys Jason Zuckerman and Matthew Stock of Zuckerman Law, a leading whistleblower law firm that represents U.S. and international whistleblowers before the SEC, published a column in Forbes about the SEC’s Whistleblower-Reward Program. In the column, One Billion Reasons Why The SEC Whistleblower-Reward … Continued

Whistleblower Lawyer Interviewed About Dodd-Frank Whistleblower Protection Provision

An article in Law360 entitled “Employers May Regret Forcing Dodd-Frank Whistleblower Test” quotes SEC whistleblower lawyer Jason Zuckerman about the Supreme Court’s decision to review the Ninth Circuit’s opinion in Somers v. Digital Realty Trust holding that the anti-retaliation provision in the Dodd-Frank Act protects internal whistleblowing. The article analyzes the potential impact of limiting … Continued

SEC Whistleblower Attorney: Benefits of Experienced Representation

SEC Whistleblower Program In its short history, the SEC Whistleblower Program has already awarded more than $154 million to whistleblowers. Under the program, the SEC will issue awards to whistleblowers if they provide original information that leads to successful enforcement actions with total penalties in excess of $1 million. A whistleblower is eligible to receive … Continued

Image of SEC Whistleblower Attorneys Release eBook SEC Whistleblower Program: Tips from SEC Whistleblower Attorneys to Maximize an SEC Whistleblower Award

SEC Whistleblower Attorneys Release eBook SEC Whistleblower Program: Tips from SEC Whistleblower Attorneys to Maximize an SEC Whistleblower Award

Zuckerman Law, one of the nation’s leading law firms representing whistleblowers in whistleblower rewards and whistleblower retaliation claims, has released a free eBook about the SEC’s Whistleblower Program. The SEC Whistleblower Program: Tips from SEC Whistleblower Attorneys to Maximize an SEC Whistleblower Award, which is available for download here, offers practical tips for whistleblowers and … Continued

Whistleblower Attorney Dallas Hammer Interviewed by Bloomberg About Dodd-Frank Protected Whistleblowing

Bloomberg Law Securities Law Daily interviewed whistleblower attorney Dallas Hammer about the scope of protected whistleblower under the Dodd-Frank Act for an article titled High Court Petitioned on Whistle-Blower Retaliation Issue. The article reports that Digital Realty Trust is requesting Supreme Court review of a Ninth Circuit decision holding that the Dodd-Frank Act protects internal whistleblowing. The Ninth Circuit’s decision is … Continued

Ponzi Scheme SEC Whistleblower Attorneys

SEC Cracking Down on Ponzi Schemes On April 14, 2017, a federal judge granted a bid by the SEC to force former head fund manager Francisco Illarramendi to pay nearly $27 million for his role in a Ponzi scheme. According to the court’s order, Illarramendi was the mastermind behind an elaborate five-year scheme to … Continued

Ninth Circuit Holds that Dodd-Frank Protects Internal Whistleblowing

The U.S. Court of Appeals for the Ninth Circuit recently joined the Second Circuit in holding in Somers v. Digital Realty Trust that whistleblowers are protected under the Dodd-Frank Act if they report securities-law violations internally and not to the Securities and Exchange Commission. By contrast, the Fifth Circuit, the only other federal circuit to weigh … Continued

Accounting Fraud SEC Whistleblower Attorneys

Accounting Fraud SEC Enforcement Action On March 3, 2017, the SEC announced that homebuilding company Desarrolladora Homex S.A.B. de C.V. (Homex) has agreed to settle charges that it used accounting fraud to overstate its revenues by approximately $3.3 billion during a three-year period. According to the SEC’s complaint, the company reported fake sales of more … Continued