whistleblower lawyer Archives

SEC to Announce Largest SEC Whistleblower Award to Date

J.P. Morgan Whistleblowers to Split $61 Million Award The SEC Whistleblower Office is set to announce its largest SEC whistleblower award to date – more than $61 million to two J.P. Morgan whistleblowers. Under the SEC’s whistleblower program, whistleblowers are eligible for awards when they provide original information to the SEC that leads to successful SEC … Continued

Leading SEC Whistleblower Law Firm Featured in Article About Growing Wave of Whistleblower Lawsuits

NLJ Article About Growing Wave of Whistleblower Lawsuits An article in the National Law Journal titled Law Firms React to Growing Wave of Whistleblower Lawsuits discusses the substantial growth in whistleblower rewards and whistleblower retaliation claims and mentions Zuckerman Law’s leading SEC whistleblower practice. The article reports that several firms have expanded their whistleblower practices … Continued

CFTC Strengthens Anti-Retaliation Protections for Whistleblowers and Improves CFTC Whistleblower Award Program

On May 22, 2017, the Commodity Futures Trading Commission (CFTC) unanimously approved amendments to its whistleblower rules that strengthen anti-retaliation protections for whistleblowers, prohibit “gag clauses” in employment agreements, and improve the CFTC Whistleblower Award Program. James McDonald, the Director of the CFTC Division of Enforcement, said the CFTC’s “approval of these rules today will … Continued

Sarbanes-Oxley Protects Disclosures About Inadequate Information Security Controls

SOX Whistleblower Defeats Motion to Dismiss On March 30, 2017, a Florida district court denied Tyco International Management Company’s (Tyco) motion to dismiss a Sarbanes-Oxley (SOX) retaliation claim brought by its former Manager of Financial Reporting, Carolina Thomas. According to the order, Thomas raised concerns to Tyco’s management about: (1) the falsity and inadequacy of … Continued

Whistleblower Attorney Interviewed by National Law Journal About Labor Secretary Nominee

A National Law Journal article titled What Should the Senate #AskPuzder? Labor Lawyers Have Questions summarizes interviews with employment lawyers across the country about what senators should ask Labor Secretary nominee Puzder at his confirmation hearing. The NLJ interviewed whistleblower lawyer Jason Zuckerman, Principal of Washington DC whistleblower law firm Zuckerman Law, and he proposed asking the … Continued

Whistleblower Rewards and Bounties for Disclosures of Market Manipulation Schemes

On February 3, 2017, the U.S. Commodity Futures Trading Commission (CFTC) charged The Royal Bank of Scotland a $85 million civil monetary penalty for an attempted manipulation of the U.S. Dollar International Swaps and Derivatives Association Fix (USD ISDAFIX) benchmark. According to the CFTC’s Order, RBS bid, offered, and executed transactions in targeted interest rate … Continued

Sarbanes-Oxley Authorizes Damages for Reputational Harm

Sarbanes-Oxley Whistleblower Damages and Remedies In a Sarbanes-Oxley whistleblower retaliation lawsuit headed to trial, Judge Sweet denied J.P. Morgan Chase & Co.’s (JPMC) motion in limine to prohibit SOX whistleblower Jennifer Sharkey from introducing evidence regarding reputational damage, harm to career, and emotional distress. JPMC asserted that the whistleblower protection provision of SOX does not cover damages … Continued

SEC Whistleblower Lawyer Quoted About Potential Supreme Court Nominee

SEC whistleblower lawyer Dallas Hammer offered is perspective on potential Supreme Court nominees in a Bloomberg BNA article entitled Trump’s SCOTUS Picks Not Seen as Investor Friendly. Mr. Hammer noted that the three leading candidates—Judge Thomas Hardiman of the U.S. Court of Appeals for the Third Circuit, Judge Neil Gorsuch of the Tenth Circuit and Judge William Pryor … Continued

Court Rules for In-House Counsel Whistleblower

A recent decision from the U.S. District Court for the Northern District of California in Wadler v. Bio-Rad Laboratories, Inc. clarifies that federal law permitting in-house lawyers to blow the whistle using confidential information trumps state rules of professional responsibility. Takeaways for Attorney-Whistleblowers Where evidence for federal and state-law claims overlaps, federal common law governs the application … Continued

Whistleblower Lawyer Interviewed About the Rise of Cybersecurity Whistleblowing

Whistleblower lawyer Dallas Hammer, Of Counsel at whistleblower law firm Zuckerman Law, was interviewed by Corporate Crime Reporter regarding the rise of cybersecurity whistleblowing and whistleblower protections under the Sarbanes-Oxley Act (“SOX”). The whistleblower protection provisions of SOX prohibit a broad range of retaliatory employment actions, including discharging, demoting, suspending, threatening, harassing, or in any other manner discriminating against an employee who … Continued

Sarbanes Oxley Whistleblower Win Shows Strong Need For Whistleblower Protections

Facts Giving Rise to Becker’s Sarbanes-Oxley Whistleblower Claim The U.S. Department of Labor (DOL) recently awarded $1.9 million in damages to a Sarbanes-Oxley whistleblower in a decision that clarifies several key aspects of SOX whistleblower protection and underscores the importance of providing strong protection to corporate whistleblowers. On Nov. 9, 2016, Administrative Law Judge Christopher … Continued

New Administration Should Avoid Gutting the SEC’s Remarkably Successful Whistleblower Reward Program

Press reports indicate that a repeal of the Dodd-Frank Act is among the top policy priorities of the Trump Administration. Though there are provisions in Dodd-Frank that may warrant reexamination, one aspect of the law that should not be repealed is the whistleblower-reward program, which has been very successful. Just this week, the Securities and … Continued