Whistleblower Group
This archive page contains posts by the Whistleblower Practice Group. For all Whistleblower pages, please see:
January 9, 2014
The SEC charged San Francisco-based snack foods company Diamond Foods and its former CFO in an accounting scheme to falsify walnut costs in order to boost earnings and meet estimates by stock analysts. Diamond Foods agreed to pay $5M to settle the SEC’s charges. SECJanuary 9, 2014
The SEC charged global aluminum producer Alcoa Inc. with violating the Foreign Corrupt Practices Act (FCPA) when its subsidiaries repeatedly paid bribes, collectively valued at more than $110M, to government officials in Bahrain to maintain a key source of business. Alcoa agreed to settle the SEC’s charges and a parallel criminal case by the DOJ for $384M. SECSleep Disorder Fraud: With the uptick in sleep disorder services and government spending comes the discovery of schemes and scams.
Posted 01/26/16
By Jessica Moore, published in ADVANCE Healthcare Network
Increasing numbers of troubled sleepers are seeking diagnosis and treatment of chronic sleep disorders that affect more than fifty million Americans. The significant growth in sleep medicine over recent years brings increasing opportunities for the unscrupulous to engage in fraudulent services and billing of federal and state heath care programs that...
Industry Experts Blow the Whistle on RMBS Fraud, Help Virginia Recover $63 million
Posted 01/26/16
By Tim McCormack
On January 22, 2016, the Virginia Attorney General announced that the Commonwealth had settled a suit brought under the Virginia False Claims Act (FCA) (formally known as the Virginia Fraud Against Taxpayers Act) against 11 banks for misrepresentations made in connection with the sale of residential mortgage-backed securities to the Commonwealth and the Virginia Retirement System (VRS). The...
In Their Own Words — Szubin
Posted 01/26/16
-- "We've seen him enriching his friends, his close allies, and marginalizing those who he doesn't view as friends using state assets. Whether that's Russia's energy wealth, whether it's other state contracts, he directs those to whom he believes will serve him and excludes those who don't. To me, that is a picture of corruption."
Adam Szubin, who oversees US Treasury sanctions, on Russian president Vladimir Putin...Whistleblower News From The Inside — January 26, 2016
Posted 01/26/16
By the C|C Whistleblower Lawyer Team
Whistleblower priest claims Palm Beach Diocese forced him out -- "Father John Gallagher is a priest without a parish — the result, he said, of his decision to tell authorities about a West Palm Beach priest who showed pornographic material to a minor." My Palm Beach Post
US Treasury says Putin is corrupt -- According to Adam Szubin, who oversees US Treasury sanctions, the...
Sleep Disorder Fraud -- With the uptick in sleep disorder services and government spending comes the discovery of schemes and scams
Posted 01/25/16
Advance Healthcare Network, January 25, 2016
Click here to read the article.
Whistleblower News From The Inside — January 25, 2016
Posted 01/25/16
By the C|C Whistleblower Lawyer Team
Big Brothers Big Sisters of America to Pay $1.6 Million to Resolve Allegations of False Claims for Federal Grants -- The United States had alleged that Big Brothers commingled grant funds with general operating expenditures, failed to ensure that funds were being used as intended, and failed to maintain appropriate internal controls. DOJ
Deficiencies Found at Theranos...
In Their Own Words — Lampert
Posted 01/25/16