Whistleblower Rewards Archives

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

False Claims Act Whistleblower Lawyer Quoted About First-to-File Cases

Leading whistleblower lawyer Jason Zuckerman shared his analysis of False Claims Act developments with Bloomberg Government Federal Contracts Report. An article titled “Two Rulings Force Whistle-Blowers To Wait, Maybe Too Long” quotes Zuckerman about the impact of two recent decisions construing the False Claims Act first-to-file bar, the DC Circuit’s opinion in Shea v. Cellco P’ship, 863 F.3d 923 … Continued

SEC Whistleblower Attorney Interviewed About Record SEC Whistleblower Award

Leading SEC whistleblower attorney Jason Zuckerman was interviewed by Advisor Hub, a publication covering the wealth management industry, about a forthcoming announcement by the SEC of what will likely be the largest SEC whistleblower award, stemming from a $267 million enforcement action against JPMorgan for failing to disclose conflicts of interest to clients. According to an SEC press … 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

Money Laundering and the SEC Whistleblower Program

SEC Takes Aim at Broker-Dealers for Anti-Money Laundering Violations On June 5, 2017, the SEC charged brokerage firm Alpine Securities Corporation (Alpine) with securities law violations related to its ineffective anti-money laundering program. According to the SEC’s complaint, Alpine failed to adequately file suspicious activity reports (SARs) for at least 1,950 stock transactions that the … Continued

Anonymous Whistleblowing: Does the SEC Whistleblower Program Protect a Whistleblower’s Identity?

Anonymous Whistleblowing to the SEC Under the SEC Whistleblower Program, the SEC will issue awards to whistleblowers who provide original information that leads to enforcement actions with total monetary sanctions in excess of $1 million. Unlike other whistleblower-reward programs, the SEC’s program allows whistleblowers to submit tips anonymously (if represented by an attorney). While this … 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

How to Report EB-5 Visa Fraud and Earn an SEC Whistleblower Award

Increase in EB-5 Visa Fraud The EB-5 investment program, also affectionately known as the EB-5 visa-for-investment program, has experienced a dramatic increase in fraud and misrepresentation in EB-5 advertisements, EB-5 regional centers, and EB-5 projects. In 2016 alone, the SEC brought enforcement actions against nearly $1 billion worth of fraudulent EB-5 projects. The most common … 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

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 Lawyer Will Speak at PLI Seminar on Corporate Whistleblowing

Whistleblower lawyer Jason Zuckerman will speak at the PLI Institute seminar on Corporate Whistleblowing in 2017 on June 28, 2017 in New York. Zuckerman is privileged to join a panel on legal developments in the Whistleblower Space with Christopher Ehrman, Renee Phillips, and Teri M. Wigger. The panel will address key developments, including: Anticipated impact … Continued

Whistleblower Attorney Chairing CLE on Whistleblower Rights of Private Sector Employees

CLE on Whistleblower Rights of Private Sector Employees Washington DC Whistleblower attorney Jason Zuckerman is chairing a DC Bar CLE on the whistleblower rights of private sector employees on May 16, 2017 from 5:30 pm to 8:45 pm. Don’t miss this chance to catch up on recent developments under whistleblower reward and whistleblower protection laws, including … Continued