Whistleblower Insider Blog

Constantine Cannon Submits Comments on CFTC Proposed Whistleblower Rule Amendments

By the Constantine Cannon Whistleblower Team As we previously reported, the Commodity Futures Trading Commission (CFTC) has proposed amending the CFTC Whistleblower Program and invited interested parties to weigh in on the agency’s proposed change.  Constantine Cannon took up the invitation, formally submitting its views on the proposed rule change and how to make it even better in strengthening the protections...

SEC Files Settled Action Against Day Trader for Alleged Spoofing Scheme

By the Constantine Cannon Whistleblower Team The Securities and Exchange Commission (SEC) recently filed a settled action against Mingran Wang, a day trader based in California, for allegations he engaged in a market manipulation and spoofing scheme that resulted in over $1.3 million in gains.[1]  Under the settlement, Wang consented to certain injunctive relief and the court will determine disgorgement,...

EagleBank to Pay More Than $9.7M to Resolve Bank Secrecy Act Investigation

By the Constantine Cannon Whistleblower Team On June 30, the DOJ announced its latest Bank Secrecy Act enforcement action, with EagleBank and its parent company Eagle Bancorp Inc. (collectively EagleBank) agreeing to pay more than $9.7 million to resolve AML compliance failures.[1] EagleBank, which operates in Maryland, Virginia, and D.C., also entered into a non-prosecution agreement in which EagleBank...

SEC Makes Another Round of Whistleblower Awards, Including $20M Payout

By the Constantine Cannon Whistleblower Team Over the past two weeks, the Securities and Exchange Commission (SEC) made another round of awards under the SEC Whistleblower Program, which rewards whistleblowers with up to 30% of the Government’s recovery for enforcement actions they prompt or facilitate.  It follows a steady stream of whistleblower payouts the SEC has made over the past year — six awards on

Second-Place Winner of Constantine Cannon’s Sixth Whistleblower Essay Contest: Katherine Clark

By the Constantine Cannon Whistleblower Team Kudos to Katherine Clark, the second-place winner of the Constantine Cannon Whistleblower Team’s Sixth Law School Scholarship Essay Contest!

About Katherine

Katherine received a bachelor's degree from the University of Arizona in Africana Studies with a minor in American Indian Studies, a foundation that deepened her understanding of justice and its complex...

More Signs of Life with CFTC Whistleblower Program

By the Constantine Cannon Whistleblower Team On June 11, the Commodity Futures Trading Commission (CFTC) announced its publication of a Notice of Proposed Rulemaking (NPR) to amend its whistleblower rules.[1]  The proposed change is quite narrow -- merely incorporating a 30% presumption for whistleblower awards of $5 million or less.  However, it is significant in further signaling the CFTC Whistleblower Program...

Whistleblowers on Screen: 'Disclosure Day'

By the Constantine Cannon Whistleblower Team Without disclosing too many spoilers here, we’re exploring how Steven Spielberg’s latest sci-fi thriller, Disclosure Day, tackles the importance of blowing the whistle and taking the time to listen to those who do. It also reminds us why it is critical to speak up if you think you have a case in the real world.

What is Disclosure Day?

Disclosure Day is a...

DOJ Settles Another Whistleblower-Originated False Claims Act Kickback Case

By the Constantine Cannon Whistleblower Team Last Wednesday (June 17), the Department of Justice (DOJ) announced that Arkansas-based Advanced Pathology Solutions (APS) -- and its owners Kevin Hannah, Donell Burkett, and Daniel Hunter Pledger -- agreed to pay $30 million to settle allegations they violated the False Claims Act and Anti-Kickback Statute by paying kickbacks to gastroenterology practices for pathology...

Fifth-Place Winner of Constantine Cannon’s Sixth Whistleblower Essay Contest: Kourteney Salmon

By the Constantine Cannon Whistleblower Team Congratulations to Kourteney Salmon, the fifth-place winner of the Constantine Cannon Whistleblower Team’s Sixth Law School Scholarship Essay Contest!

About Kourteney

Kourteney is a rising 2L at Florida Agricultural & Mechanical University (FAMU) College of Law. She also attended FAMU as an undergraduate, graduating summa cum laude with a degree in political...

DOJ Secures $21.3M False Claims Act Settlement for Fraud Involving Service-Disabled Veteran Owned Businesses

By the Constantine Cannon Whistleblower Team Last Tuesday (June 9), the Department of Justice (DOJ) announced that Illinois-based Broadway Electric Inc. and Cornerstone Contracting Inc. -- along with their CEO John Oehler and President Christian Blake -- agreed to pay $21.3 million to settle allegations they violated the False Claims Act by fraudulently securing federal contracts reserved for service-disabled...