Whistleblower News From The Inside — May 22, 2015

By the C|C Whistleblower Lawyer Team

SEC charges Atlanta firm over public pension funds — The SEC announced fraud charges against Atlanta-based investment advisory firm Gray Financial Group Inc. for allegedly steering public pension fund clients into an investment fund that did not comply with state law, collecting more than $1.7 million as a result.  Reuters

Edward Snowden praises Rand Paul’s anti-Patriot Act ‘filibuster’ — In a Reddit AMA session Thursday, NSA whistleblower Edward Snowden praised Kentucky Senator Rand Paul’s 10-hour, 31-minute attempt to slow down a vote on renewing the Patriot Act.  Bloomberg

SNP secures Westminster debate on Trident safety — The Scottish National party has secured an adjournment debate in the first week of the new parliament to ensure that allegations by Faslane whistleblower William McNeilly are not “swept under the carpet by the Ministry of Defense.”  The Guardian

Is Libor becoming relevant again? — The  Libor rate rose this week to a more than two-year high, possibly foreshadowing an interest-rate increase by the Federal Reserve by the end of year while other indicators such as futures provide more skeptical outlooks.  Bloomberg

Brazil’s economic downturn, corruption scandals shake leader –Lawmakers openly weigh impeaching President of Brazil, Dilma Rousseff, over an alleged $2.1 billion embezzlement scheme at the state oil company, Petróleo Brasileiro SA. WSJ

Yale Graduate who promoted CrossFit arrested – Authorities arrested serial entrepreneur Joshua B. Newman and charged him with two counts of wire fraud and misappropriating money from more than a dozen investors stemming from his efforts to raise money for several CrossFit training centers he said he planned to own and operate.  Dealbook