October 17, 2023
Cigna’s $172 million settlement signals increased focus on Medicare Advantage and “Chart Review” programs
The Department of Justice announced a $172 million settlement with Cigna Group, a Medicare Advantage provider, for allegedly violating the False Claims Act for submitting inaccurate and unsupported diagnosis...
Posted In Whistleblower Law Insights
September 28, 2023
Verizon’s $4 Million Settlement of False Claims Act Allegations Signals Government’s Focus on Cybersecurity Violations
On September 5, 2023, the U.S. Department of Justice settled False Claims Act (FCA) allegations with Verizon Business Network Services for over $4 million. The settlement signals an ongoing effort by...
Posted In Whistleblower Law Insights
September 13, 2023
CFTC Signals That Some Digital Assets Are Subject to Registration Requirements
What Happened? On September 7, 2023, the CFTC brought settled enforcement actions against three decentralized entities, Opyn, Inc., ZeroEx, Inc., and Deridex, Inc. The CFTC charged two of those entities,...
Posted In Whistleblower Law Insights
July 17, 2023
White House Announces Cybersecurity Implementation Plan Including Use of False Claims Act to Encourage Accountability
White House Unveils National Cybersecurity Strategy Implementation Plan The White House announced its National Cybersecurity Strategy Implementation Plan that will guide the federal government’s efforts...
Posted In Whistleblower Law Insights
June 23, 2023
CFTC calls for whistleblowers to report carbon market fraud
In June 2023, the CFTC’s Whistleblower Office notified the public that it is actively seeking whistleblower tips identifying manipulation or fraud in the carbon markets. What is carbon market fraud?...
Posted In Whistleblower Law Insights
June 05, 2023
Top Five Things to Love about the Supreme Court’s SuperValu Decision
Last week the Supreme Court issued its highly anticipated ruling in United States ex rel. Schutte v. SuperValu Inc., and it was even better than some of us had predicted after the very positive oral argument....
Posted In Whistleblower Law Insights
May 22, 2023
SEC Issues Its Largest Whistleblower Award Yet, Indicative of Massive Fraud
On May 5, 2023, the SEC—the agency that regulates the securities market—revealed that it granted a whistleblower an award of approximately $279 million, the largest award yet made by the agency to...
Posted In Whistleblower Law Insights
April 13, 2023
Nonpublic companies can commit securities fraud too
In a case that serves as an important warning for nonpublic startup companies that may think their status insulates them from regulatory oversight, the government brought charges against the CEO of Frank,...
Posted In Whistleblower Law Insights
April 04, 2023
Wells Fargo Fined $97.8 Million for Violating U.S. Economic Sanctions
The U.S. Department of the Treasury and the Federal Reserve Board announced Wells Fargo will pay $97.8 million for helping facilitate more than 100 financial transactions, violating U.S. sanctions against...
Posted In Whistleblower Law Insights
March 28, 2023
Senators Grassley and Warren Introduce Bill to Strengthen the SEC Whistleblower Program
This month Senators Chuck Grassley (R- Iowa) and Elizabeth Warren (D-MA) reintroduced legislation designed to strengthen the Securities and Exchange Commission (SEC) Whistleblower Program. The bipartisan legislation...
Posted In Whistleblower Law Insights