Whistleblower News From The Inside — September 15, 2016

By the C|C Whistleblower Lawyer Team

Scandal-plagued Wells Fargo revamps compensation scheme – After five thousand employees were caught opening fake accounts to boost bonus potential, Wells Fargo revealed a revamped compensation scheme that will eliminate sales goals as a factor in compensation calculations. Housing Wire

Bayer and Monsanto announce merger weeks after Monsanto’s $80M SEC whistleblower settlement – Monsanto and Bayer proposed a $57B merger that would create the largest agricultural conglomerate in the world. The proposed merger comes in the wake of a whistleblower action against Monsanto involving misstated earnings and resulting in the second largest SEC whistleblower award yet granted. Wall Street Journal

New York pharmacist sentenced to 43 months in prison for healthcare fraud – NY pharmacist Andrew Barrett was sentenced to 43 months in prison for billing federal healthcare programs for $5M in prescriptions he never filled, and for evading $2M in taxes. New City Patch 

New Jersey school district settles with whistleblower for $75K –  A NJ school district settled with a former district employee who was fired after complaining school officials were diverting grant funds for an improper purpose. NJ.com

Illinois seed company pays $4M for alleged violations of Iran Sanctions – Illinois-based Panamerican seed company allegedly sold flower seeds to two Iranian distributors on 48 occasions in violation of sanctions prohibiting such sales to Iran. Department of the Treasury

Thai PM promises to rid country of corruption in 20 years – Thailand’s Prayut Chan-o-cha announced the aspiration to rid the country of corruption within 20 years at the nations’s Anti-Corruption day event; he encouraged Thai citizens to fight against corruption and graft on all levels. Pattaya Mail