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Whistleblower News from the Inside - May 13, 2014

Posted  May 13, 2014

By the C|C Whistleblower Lawyer Team

EU court rules Google must delete personal data when asked —  The European Court of Justice rules against Google finding that people have the right to have data about them deleted from online databases.  NPR

Last run on Wall Street for the Great Recession? — The WSJ reports that the guilty plea the DOJ is seeking from Credit Suisse may signal the beginning of a series of multibillion-dollar bank settlements and an end to DOJ prosecutions for misconduct connected to the financial crisis.  WSJ

Wyly brothers liable for $550M fraud — A New York jury found that brothers Samuel and Charles Wyly created a complex scheme of offshore trusts to garner hundreds of millions of dollars in illegal trading profits.  Reuters

Big Oil teams up to fight Dodd-Frank — Exxon, Shell and other big oil companies are fighting  to limit Dodd-Frank rules requiring disclosure of how much they pay governments for oil and gas leases after paying $3B over the past 15 years to settle charges relating to cheating on royalty payments.  Reuters

College coaches testify in Donnan fraud trial — College coaches allegedly defrauded in an investment scheme by former University of Georgia football coach Jim Donnan testified Monday that they thought they had a guaranteed investment but ended up losing hundreds of thousands of dollars.  ABC News

Harvard study shows billions of Medicare dollars wasted on unnecessary medical services — The study looked at the prevalence in Medicare of 26 tests and procedures that have been found to offer little or no clinical benefit.  NPR