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Whistleblower News from the Inside - July 23, 2013

Posted  July 23, 2013

Audit Reveals Serious Problems at GlaxoSmithKline Research Outpost in China – A confidential 2011 audit of the British pharmaceutical giant’s drug development center in China has come to light, revealing troubling practices including failing to report the results of animal studies before beginning human trials for certain drugs and payments to hospitals and clinics contracted to run trials that could be interpreted as bribes. NYT 

Baseball’s MVP Suspended for the Season – Ryan Braun, aka the “Hebrew Hammer,” was suspended for the rest of the 2013 season in connection with Major League Baseball’s doping investigation of the Biogenesis clinic.  WP

Bank Agrees to Almost Billion Dollar Settlement – UBS announced yesterday that it has reached an agreement with the Federal Housing Finance Agency to resolve allegations that the Swiss bank sold defective mortgage-backed securities during the recent housing bubble.  WSJ  

Fifth Circuit Holds That Dodd-Frank Whistleblowers Must Report to the SEC – The Fifth Circuit’s decision is a radical departure from other courts that have held that Dodd-Frank whistleblowers may include employees who only report internally.  Fifth Circuit