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Whistleblower News from the Inside - April 8, 2014

Posted  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