July 19, 2019
SEC and CFTC have reasons to celebrate as whistleblower programs turn nine
Almost a decade has passed since the Dodd-Frank Act was signed into law, creating whistleblower programs at the Securities and Exchange Commission and the Commodity Futures Trading Commission, and by most...
July 03, 2019
New Australia whistleblower law offers job protections but no rewards
A major whistleblower law went into effect in Australia this week, offering important, enhanced whistleblower protections against job retaliation. But the Australian law lacks a critical component of successful...
July 02, 2019
KPMG case involving PCAOB highlights need for whistleblower program
In an alarming and outrageous case involving information misappropriated from the very body that oversees it, accounting giant KPMG admitted earlier this month to using that information to alter clients’...
June 19, 2019
The IRS whistleblower program would greatly improve under bill passed by Congress
Congress has passed a key bipartisan IRS reform bill with important improvements to the IRS whistleblower program that needs only President Trump’s signature to become law. UPDATE: President Trump signed...
June 07, 2019
SEC’s $4.5M whistleblower award underscores consequences of Digital Realty ruling
A recent Securities and Exchange Commission whistleblower reward marks the first time the agency has issued an award to a whistleblower who reported alleged corporate misconduct to the whistleblower’s...
May 14, 2019
More whistleblowers would be protected under bill passed by House committee
The House Financial Services Committee last week approved a bill that would extend the anti-retaliation provisions of the Dodd-Frank Act to whistleblowers who suffer retaliation before they report possible...
May 07, 2019
Latest CFTC whistleblower award reflects assistance given to another federal regulator
Whistleblower awards by the Commodity Futures Trading Commission now total more than $88.5 million, with the news of a CFTC whistleblower award of $1.5 million this week. The recent CFTC whistleblower...
May 03, 2019
“Hertz Makes A Rare Move By Suing Former Executives”
Phillips & Cohen partner Erika Kelton makes a strong case for clawbacks in her latest article for Forbes.com, in which she analyzes the decision by car-rental giant Hertz to sue former executives for...
April 04, 2019
Proposed tax bill would improve IRS whistleblower program
Congress is considering improvements to the IRS whistleblower program as part of bipartisan legislation that would make important changes to the Internal Revenue Service. The Taxpayer First Act of 2019,...
March 19, 2019
False Claims Act statute of limitations set for Supreme Court parsing in Cochise case
The Supreme Court will resolve in the Cochise case differing lower court opinions about the statute of limitations in qui tam cases when the government does not join the whistleblower lawsuit.