Whistleblower News from the Inside - April 8, 2014
By the C|C Whistleblower Lawyer Team
UConn star basketball player weighs in on paying athletes — Shabazz Napier said that while he had made money for the school, his coaches, Nike, and others, he had not always had enough spending money to buy food and often went to bed “starving.” New Yorker
Feds crack down on illegal cancer meds – Thanks to the help of whistleblower tips, the government is closing in on what it believes is a Turkish company shipping illegal, and at times – fake, cancer drugs into the U.S. WSJ
Takeda and Eli Lilly hit with $9 billion verdict – A jury found the companies subject to punitive damages for hiding the cancer risks of the diabetes drug Actos. WSJ
Snowden receives Ridenhour prize for truth-telling — The award is often considered the highest whistleblower honor, with a history of being presented to ground-breaking journalists and citizens. NYT
IRS whistleblower payouts down — critics say the tax agency is still struggling to act quickly on informants’ tips. Reuters
Citigroup agrees to pay $1.13 billion – the payment will settle claims by investors who demanded that Citigroup buy back billions in residential mortgage-backed securities. NYT