Whistleblower News from the Inside - June 6, 2014

By the C|C Whistleblower Lawyer Team

$3M fund for finding MH370 — Families of missing Malaysian flight MH370 launch a crowd-funded campaign to raise millions of dollars to hire private investigators and reward whistleblowers who can help find the missing plane.  International Business Times

Why US needs to rethink whistleblower rules — Very thoughtful piece by Human Rights Watch GC Dinah PoKempner.  CNN

BofA negotiating $12B payout for mortgage fraud — The money would go to settle several federal and state civil probes for the bank’s role in the housing mess that led to the 2008 financial crisis.  Washington Post

GM inquiry finds years of neglect over safety defect — “The report illustrates in unsparing detail how employees across departments neglected for years to repair a defect and issue a recall, despite a mountain of evidence that lives were at risk.”  NYT

SEC suggests new rules to go after high-speed trading — SEC chief Mary Jo White on Thursday unveiled recommendations for new SEC rules and other changes geared toward strengthening the structure of the market and improving disclosures for investors.  Dealbook

Kentucky cancer clinic settles whistleblower suit — Elizabethtown Hematology and Oncology will pay $3.7M to resolve allegations it extended chemotherapy treatment times and inappropriately billed office visits for infusion therapies.  Washington Examiner