Ponzi Schemes and SEC Whistleblower Awards Under the SEC Whistleblower Program, eligible whistleblowers may receive an award for providing the SEC with original information about any … Continued
Whistleblower Awards for Reporting Financial Fraud Yes. Under the SEC Whistleblower Program, eligible whistleblowers may receive monetary awards when they voluntarily provide the SEC with original … Continued
Whistleblower Rewards for Reporting Wrongdoing A whistleblower reward is a monetary incentive offered by the government to individuals for exposing certain wrongdoing. Federal laws require … Continued
Original Source Exception to Public Disclosure Bar The public disclosure bar prohibits a relator from bringing a False Claims Act lawsuit based on a fraud … Continued
Reverse False Claims Liability Reverse false claims liability arises where an entity or individual avoids the payment of money due to the government, e.g., failing … Continued
Generally, the qui tam relator (the whistleblower) need not have firsthand knowledge of every aspect of the fraud scheme. The First, Third, Fifth, and Ninth Circuits … Continued
Pleading Qui Tam False Claims Act Case in Detail False Claims Act qui tam actions must meet the heightened pleading requirement set forth in Federal … Continued
False Claims Act Public Disclosure Bar The public disclosure bar prohibits a relator from bringing a False Claims Act lawsuit based on a fraud that … Continued
False Claims Act First-to-File Bar The first-to-file bar prohibits a whistleblower from bringing suit based on a fraud already disclosed through identified public channels, … Continued
Several whistleblower laws authorize awards to corporate whistleblowers, including whistleblower reward programs at the SEC, the IRS, and the CFTC. Since the enactment of … Continued
False Claims Under False Claims Act Qui tam whistleblowers, also known as relators, have enabled the government to recover more than $30 billion. In fiscal … Continued