The Securities and Exchange Commission (SEC), a government agency whose mission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation, has a rich history dating back to 1934. The SEC's responsibility extends beyond the operation of the financial markets, as it is also tasked with enforcing the nation's securities laws, including whistleblower protection rules.
Notably, on September 9, 2024, the SEC announced that it had settled charges agains...
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Whistleblower Protections
The Whistleblower Laws Protecting BlackRock’s Whistleblower
In a significant development, BlackRock, the world’s largest asset manager, faced a substantial $20 million lawsuit from a former vice president, Hamdan Azhar. Azhar alleges that he was unjustly dismissed after voicing objections to what he described as "illegal self-dealing" and was forced to halt the development of a search engine designed to monitor client discussions related to illicit investments.
Azhar's allegations raise several critical questions about corporate governance, ethics, and ...
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Whistleblower Attorneys – Unlocking Success Through Website Management & Marketing
Unlocking Legal Success: How Full-Service Website Management and Marketing Companies Foster Growth for Small to Mid-Sized Law Firms
In today's digital era, a robust online presence isn't a luxury—it's a requirement—even for small to mid-sized law firms. However, comprehending and implementing website management, content creation, SEO, and digital marketing may seem overwhelming. For this very reason, full-service website management and marketing companies have emerged as indispensable tools for...
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California Supreme Court Expands Employee Whistleblower Protections
Suppose you are an employee who has made a whistleblower complaint to your employer. In that case, you should know that you are protected under the whistleblower statute (California Labor Code § 1102.5(b)) even if your employer already knew about the subject of your complaint. This means that employers are not allowed to retaliate against employees who make whistleblower complaints, regardless of whether they had prior knowledge of the alleged violation. Therefore, it’s essential to know your ri...
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$818,500 Owed to Inspector Fired for Reporting Sewage in Drinking Water
Instead of promoting the experienced inspector who detected why the city’s drinking water was sickening people and pets, the city of Delray Beach harassed her and fired her, an OSHA investigation found.
Last week, 15 months after marching Christine Ferrigan out of her office in front of co-workers, Delray Beach ratified a settlement to a whistleblower lawsuit that will pay Ferrigan $818,500.
That’s on top of the $1 million in civil money penalties Delray paid the Florida Department of Health-P...
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Whistleblower Fired for Exposing Water Quality Issues
DELRAY BEACH, Fla. — A former city of Delray Beach wastewater inspector claims in a new lawsuit that she was fired for exposing water quality issues.
She already filed a complaint with the Department of Labor, and now she’s suing the city in federal court.
The 29-page lawsuit claims the city of Delray Beach retaliated against Christine Ferrigan and violated her Constitutional right to free speech and the state’s Whistleblower Act.
The suit names the city, city manager, and utili...
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$160M Whistleblower Settlement with Mail-order Diabetic Testing Company
"Free" glucometers, waived co-pays and claims made for dead patients. An Antioch call center whistleblower alerted the U.S. government to a bundle of Medicare false claim schemes in a suit that led this week to the largest settlement in Middle Tennessee history.
It did not feel right. It was too hard of a sell, too much beat into our heads about the limited things we could or couldn't do. It just didn't feel right. So I did a little bit of reading.
Greg Goodman, 59, knew something was off wh...
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Health Management Whistleblower Wins Nearly $1 Million in Fees
False Claims Act whistleblower Bradley Nurkin is entitled to $959,713 in attorneys’ fees and expenses for his role in bringing about a $260 million settlement with Health Management Associates LLC for federal healthcare fraud in September 2018, a Florida federal court said.
Nurkin received $15 million under the settlement involving allegations that Health Management paid kickbacks for doctor referrals and billed healthcare programs for inpatient services that should have been billed as o...
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SEC Rewards $6 Million to Joint Whistleblowers
Washington D.C., Dec. 1, 2020 —
The Securities and Exchange Commission today announced an award of over $6 million to joint whistleblowers whose information and assistance led to the successful enforcement of SEC and related actions. The whistleblowers’ substantial assistance, provided to the SEC and another government agency, included submitting documents, participating in interviews, and identifying key individuals involved in the misconduct.
“The whistleblowers’ information led to multipl...
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Whistleblower awarded $114,000,000
Washington D.C., Oct. 22, 2020 —
The Securities and Exchange Commission today announced an award of over $114 million to a whistleblower whose information and assistance led to the successful enforcement of SEC and related actions.
The $114 million award consists of an approximately $52 million award in connection with the SEC case and an approximately $62 million award arising out of the related actions by another agency. The combined $114 million reward marks the highest awa...
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