Whistleblower Law Insights

On September 27, the SEC announced that the technology firm Oracle had agreed to pay $23 million to settle allegations that it violated the Foreign Corrupt Practices Act by using off-the-books slush funds...

By Molly Knobler of Phillips & Cohen LLP and attorney Tony Munter    Government and academic sources refer to the difference in the amount of money paid in taxes and the amount owed as the “Tax...

Last month, in a 3-2 vote, the U.S. Securities and Exchange Commission (SEC) approved two changes to the rules governing its whistleblower program. The amendments will strengthen the SEC’s whistleblower...

Healthcare and defense spending rank number 1 and 2 in the federal budget every year. It is not surprising that they would similarly take top-billing in fraud recoveries. As described on September...

Today, the world’s Fourth Annual Clean Air Day, we celebrate the United States’ historic investment in protecting our climate.  Just three weeks ago, President Biden signed the Inflation Reduction...

The Inflation Reduction Act of 2022 (“IRA”) has many ambitious goals. To take a step back from the climate precipice we’ve walked onto. To bring down the cost of pharmaceuticals for American seniors....

Last week, a case filed by a whistleblower who reported alleged fraud by the biotechnology company Biogen netted the largest recovery to date—$900 million—in a False Claims Act lawsuit in which the...

The IRS Whistleblower program is an important tool to detect fraud and abuse of the tax system. Since its inception in 2007, the IRS Whistleblower Office has paid out more than 2,500 awards to whistleblowers...

The SEC shows no signs of slowing down on taking enforcement actions against COVID-related fraud by public companies. On March 31, 2022, the SEC reached a settlement with healthcare software company SCWorx,...

In May, the Securities and Exchange Commission charged BNY Mellon Investment Adviser (“BNY Mellon”) with misrepresenting that certain mutual fund investments had undergone Environmental, Social, and...