Whistleblower Protection Law Blog - Page 2 of 23

Whistleblower Attorney Will Address BNA Bloomberg Webinar About Trying Sarbanes-Oxley Whistleblower Retaliation Cases

Whistleblower attorney Jason Zuckerman will speak at a BNA Bloomberg webinar titled “Trying Sarbanes-Oxley Whistleblower Retaliation Cases” on Thursday, April 20, 2017 from 12:00 PM to 1:30 PM ET. To register, click here. This year a jury awarded Sanford Wadler, the former General Counsel of a public company, approximately $11M in damages in a Sarbanes-Oxley (SOX) whistleblower … Continued

SEC Whistleblower Program: Exposing Insider Trading

SEC’s Increased Focus on Insider Trading On March 23, 2017, a New York federal judge granted a temporary asset freeze against the assets of a Hong Kong private equity investor, Shaohua “Michael” Yin, who the SEC accused of making $29 million by trading on insider information about Comcast’s purchase of DreamWorks Animation. According to the SEC’s … Continued

Whistleblower Lawyer Will Speak at DC Bar Program About Whistleblower Rights, Protections and Challenges

Whistleblower lawyer Jason Zuckerman, Principal of Washington DC whistleblower law firm Zuckerman Law, will speak at a DC Bar program on April 4, 2017 titled “Whistleblower Rights, Protections and Challenges.” To register, click here. Zuckerman is honored to join Darshan Sheth of the U.S. Office of Special Counsel and Robert Storch, Deputy Inspector General, Department of Justice, … Continued

Whistleblower Lawyer Eric Bachman Will Speak at Seminar About Whistleblower Claims

Whistleblower lawyer Eric Bachman will speak at a DC Bar CLE about whistleblower rights and protection for federal employees on April 24, 2017. The other panelists are Daniel Meyer, Executive Director for Intelligence Community Whistleblowing & Source Protection, Office of the Inspector General of the Intelligence Community and Mark Zaid, Law Office of Mark S. … 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

SEC Whistleblower Attorney - Report Securities Fraud and Ponzi Schemes Whistleblower Lawyers

Securities Fraud Enforcement Action Prompts the Question: What Was the Company Smoking?

On March 9, 2017, the SEC charged a California-based marijuana company, Medbox, with securities fraud for falsely reporting “record” revenue numbers to investors and claiming to be a leader in the marijuana industry while a substantial amount of its earnings came from sham transactions with a secret affiliate. According to the SEC’s complaint, Medbox created … Continued

Deputy Special Counsel Eric Bachman Joins D.C. Whistleblower Firm Zuckerman Law

Eric Bachman has joined Zuckerman Law as Of Counsel, where he will head the firm’s employment discrimination and retaliation practices. Bachman is an accomplished trial attorney, most recently serving as Deputy Special Counsel, Litigation and Legal Affairs, at the U.S. Office of Special Counsel (OSC). Previously, he served for five years as a Special Litigation Counsel … 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

Inspector General Concludes that Marshalls Service Official Violated the Whistleblower Protection A

Following an investigation, the Department of Justice Inspector General concluded that the Chief Deputy United States Marshal (CDUSM) and a Senior Inspector retaliated against subordinate employees for their cooperation with an OIG investigation. According to the investigative summary, the retaliation included restricting an employee’s work assignments and threatening retaliation to dissuade employees from cooperating with … Continued

GAO Report Calls for Improvements in Government Contractor Whistleblower Protections

In a report entitled “Contractor Whistleblower Protections Pilot Program: Improvements Needed to Ensure Effective Implementation,” the U.S. Government Accountability Office (GAO) identifies deficiencies in the implementation of the NDAA whistleblower protection provisions and makes recommendations to improve these vital protections for employees of government contractors and grantees. The report identified the following flaws in the implementation of … Continued

SEC Whistleblower Attorney - Report Insider Trading

SEC Awards for Disclosures of Foreign Bribery or FCPA Violations

SEC Awards for Disclosures of Foreign Bribery or FCPA Violations Under the SEC Whistleblower Program, the SEC Whistleblower Office will issue awards to whistleblowers who provide original information that leads to enforcement actions with sanctions in excess of $1 million. A whistleblower is eligible to receive an award of between 10-30 percent of the total sanctions … Continued

accounting fraud whistleblower protection

5 Tips for SEC Whistleblowers and Lessons Learned from SEC Whistleblower Awards

Lessons Learned from SEC Whistleblower Award Determinations The SEC Whistleblower Program has awarded more than $150 million to 42 whistleblowers. The orders announcing the awards, while sparse, offer critical guidance on how to: (1) recover an award; and (2) maximize the award percentage. These five lessons are drawn from those orders and our experience representing … Continued