Catch of the Week: Novartis Pays $729 Million to Settle Two Kickback Cases on Heels of $345 Million Foreign Bribery Settlement
This week and last, pharmaceutical manufacturer Novartis reached three settlements involving very different forms of unlawful kickbacks and bribes. First, this week the company agreed to pay a total of $678 million to resolve a New York case alleging that it paid inflated “speaking fees” and provided other incentives to doctors to induce them to prescribe Novartis drugs. Second, Novartis will pay $51.25...
Investigative Journalists Face Increasing Threats from Corrupt Regimes
Journalists around the globe are facing increasingly serious threats to their safety and freedom as they report stories that do not please corrupt governments. Most recently, Maria Ressa—a globally renowned investigative journalist from the Philippines—was found guilty last week for what is, by all accounts, a trumped-up charge of “cyber libel” based on a law that did not even exist at the time of the...
In Norway, the Cozy World of Finance Collides with the Public Interest
Norway is often held up as the exception to the so-called “resource curse”—a successful, well-managed country that has managed to escape the corruption and inequality so often rife in other oil-rich nations. An emerging scandal involving the $1 trillion sovereign wealth fund, a Sting concert, and a private jet known as the “Crystal Skye” is now threatening that reputation.
Last September, Yngve...
SEC Starts 2020 with Almost $12 million in Whistleblower Awards
Despite the Covid-19 pandemic, the SEC whistleblower program is very much open for business: the SEC has announced seven whistleblower awards in the past four months, including an award of over $7 million to a “tenacious” whistleblower who provided extensive and sustained assistance in connection with serious financial abuses despite suffering hardship.
Under the program, whistleblowers – regardless of their...
It’s Live: Constantine Cannon’s EU Whistleblower Directive Transposition Guide
After its presentation at the EU Parliament on February 4, 2020, Constantine Cannon’s transposition guide for journalists on the 2019 EU Whistleblower Directive is now available for public view. This guide, published by the European Federation of Journalists (EFJ), represents a collaborative effort by the Whistleblowing Team in London to clarify the Directive’s provisions for EFJ’s members and analyze its...