December 09, 2019
Proposed SEC whistleblower rule changes are put on hold
The US Securities and Exchange Commission is reconsidering whether to adopt proposed new rules for the SEC whistleblower program that could have a significant impact on the program by limiting whistleblower...
November 18, 2019
“Former SEC whistleblower chief warns of chilling effect of program changes”
Phillips & Cohen partner Sean McKessy is quoted in CQ Roll Call about how proposed changes to the SEC’s whistleblower program could have a chilling effect on fraud reporting. “Having been...
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November 15, 2019
“SEC Whistleblower Tips Decline as Agency Looks to Limit Big Awards”
In The Wall Street Journal, Phillips & Cohen partner Erika Kelton explains how proposed limits to the SEC’s whistleblower rewards are hurting whistleblowers’ willingness to come forward:...
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November 14, 2019
“U.S. regulator rethinking changes to whistleblower program after backlash – sources”
Phillips & Cohen partner Sean McKessy tells Reuters that the SEC risks pushing whistleblowers away if it makes changes to its whistleblower reward guidelines: Sean McKessy, who set up the SEC whistleblower...
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November 11, 2019
“Deutsche Bank Whistleblowers Lose Bid to Force SEC Awards”
In a Bloomberg Law article, Phillips & Cohen partner Erika Kelton explains some ramifications of an important ruling against SEC whistleblowers in the Deutsche Bank case. Deutsche Bank settled with...
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November 08, 2019
“CFTC Whistleblower Tips and Awards Fall After Record 2018”
The Wall Street Journal talked to Phillips & Cohen partner Erika Kelton about the CFTC’s outreach to whistleblowers in a story discussing the drop in CFTC whistleblower submissions and award rates...
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November 01, 2019
“HUD, Justice Department agree to avoid False Claims Act for loan violations”
Phillips & Cohen partner Erika Kelton reacts to an agreement made between the US Department of Justice and the US Department of Housing and Urban Development to eschew the False Claims Act as the primary...
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October 30, 2019
“Juul Knowingly Sold Tainted Nicotine Pods, Former Executive Says”
Phillips & Cohen partner Erika Kelton underscores the significance of allegations against e-cigarette manufacturer Juul, raised in a recently-filed lawsuit by Juul’s former senior vice president...
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October 25, 2019
“Infosys faces class action suit in US as regulators step up pressure”
Phillips & Cohen partner Erika Kelton provides perspective on the high-profile whistleblower complaint facing Infosys in The Economic Times. Legal experts are of the view that the SEC would likely...
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October 22, 2019
Need for PCAOB whistleblower program underscored by recent SEC enforcement actions
Recent scandals involving two of the “Big Four” accounting firms have added weight to the need for a robust program to encourage whistleblowers to provide the Public Company Accounting Oversight Board...
