Whistleblower News From The Inside — October 11, 2016
By the C|C Whistleblower Lawyer Team
Theranos sued by investor who accuses it of securities fraud — “Theranos, the beleaguered Silicon Valley blood-testing company, is being accused of securities fraud by a major investor who has sued contending ‘myriad deceptions, falsehoods and fraudulent conduct.'” NYT
Cybersecurity whistleblowing on the rise — “More and more, corporate employees are reporting cybersecurity vulnerabilities to the U.S. Securities and Exchange Commission after not receiving satisfactory responses from managers about issues they raise.” Corporate Counsel
Coke and Pepsi give millions to public health, then lobby against it — “The beverage giants Coca-Cola and PepsiCo have given millions of dollars to nearly 100 prominent health groups in recent years, while simultaneously spending millions to defeat public health legislation that would reduce Americans’ soda intake.” NYT
Whistleblower suit set for trial in Penn State abuse scandal — Former assistant football coach Mike McQueary claims in a defamation and whistleblower lawsuit against Penn State that he was wrongly retaliated against and fired in 2012 after former fellow coach Jerry Sandusky was convicted of abusing 10 boys. Fox
New scrutiny for NJ whistleblower case — “Though both parties reached a $1.5M settlement . . . , a high-profile whistleblower case between a former Hunterdon County prosecutor and the administration of Gov. Chris Christie may yet get a closer look from members of the New Jersey legislature. NJ Spotlight