The COVID-19 Crisis, Whistleblowers, and the Constantine Cannon Whistleblower Team
Posted 03/19/20
As Constantine Cannon announced earlier this week, in response to the coronavirus (COVID-19) crisis, we have implemented contingency plans to work remotely. While our work locations have changed, we remain dedicated to our whistleblower clients, and our team continues to provide whistleblowers with support and legal guidance.
With offices in New York, D.C., San Francisco, and London, the Constantine Cannon...
Constantine Cannon Files Amicus Brief in Support of California’s Effort to Curb Private Prison Company Abuses
Posted 03/13/20
Constantine Cannon is proud to represent three leading immigrants rights organizations, Human Rights Watch, Immigrant Legal Resource Center, and Freedom For Immigrants in filing a “friend of the court,” or amicus brief, in two cases related to California’s right to ban private prison companies. Last year, California enacted AB 32, which barred private prison companies from operating within the state. The...
Catch of the Week: SEC Hits Actor Steven Seagal for Improper ICO Promotion
Posted 03/6/20
This week’s Catch of the Week goes to the SEC for securing over $300,000 recovery from actor Steven Seagal in connection with his alleged failure to disclose payments he received for promoting an initial coin offering (ICO) conducted by Bitcoiin2Gen (B2G). The settlement is part of the SEC’s broader effort to combat the role of celebrities in promoting novel—and sometimes fraudulent—cryptocurrency...
Catch of the Week: Wells Fargo Pays $3 Billion, and another $35 Million, in Latest in Long Line of Government Enforcement Actions against the Bank
Posted 02/28/20
On February 21, 2020 the Department of Justice announced that Wells Fargo & Co. agreed to pay $3 billion to resolve civil and criminal allegations that Wells Fargo’s “cross-selling” practices led to millions of accounts being opened for customers under false pretenses and without consent. These practices allegedly led to Wells Fargo collecting millions of dollars in fees.
Less than one week later, two of...
Constantine Cannon Whistleblower Team’s Top-Ten “Staff Picks” of 2019
Posted 01/27/20
From cybersecurity, cryptocurrency, and “big data” to private-equity backed healthcare, private detention facilities, and the essential whistleblower experience – your prolific and relentless CC WB bloggers have chosen some of their favorite 2019 posts (and one from 2018) – don’t miss these insider-favorite gems!
Your worst nightmare – private data exposed to the unscrupulous – could be curbed...
2019 was another busy year for the SEC and CFTC. Once again, the SEC netted hundreds of millions of dollars in penalties and fines from companies and individuals accused of defrauding investors, breaching fiduciary duties, and violating the securities laws. And that’s in addition to the SEC’s robust FCPA enforcement in 2019. Meanwhile, the CFTC continued to root out market manipulators and other fraudsters...
Top Ten Financial and Healthcare Fraud Prison Sentences of 2019
Posted 01/23/20
Financial and healthcare fraud schemes can result not just in civil investigations and liability, but also in prison time for the individuals involved. In 2019, the Department of Justice obtained substantial prison sentences in numerous cases involving healthcare and financial frauds, helping to bring justice to the patients, investors, or individuals harmed by criminal fraudsters. Many of the fraudulent...
Between Greta Thunberg's "Climate Strike" mass protests, the on-going saga over the Dakota Access Pipeline, the hoopla over plant-based diets, and record temperatures and ice melts – the environment was on everyone's mind in 2019. Whistleblowers can be eligible for financial rewards for reporting environmental violations in a number of different ways, and our review below features many recoveries – including...