Whistleblower Insider Blog

Whistleblower News From The Inside — April 29, 2015

By the C|C Whistleblower Lawyer Team SEC doles out first whistleblower award in retaliation case – The SEC said it paid the first-ever reward to a former hedge fund trader who faced retaliation for reporting his concerns about conflicts of interest.  The SEC said that the whistleblower, who worked for the hedge fund Paradigm Capital Management, suffered "unique hardships, including retaliation, as a result of...

In Their Own Words -- Warren

-- "INCREASED TRANSPARENCY [OF SETTLEMENTS] WILL SHUT DOWN BACKROOM DEAL-MAKING AND ENSURE THAT CONGRESS, CITIZENS AND WATCHDOG GROUPS CAN HOLD REGULATORY AGENCIES ACCOUNTABLE FOR STRONG AND EFFECTIVE ENFORCEMENT THAT BENEFITS THE PUBLIC INTEREST."

Sen. Elizabeth Warren discussing the Truth in Settlements Act.  Click here for more.  

In Their Own Words -- Drake

-- "Whistleblowers are the canaries in the constitutional coal mine, speaking truth to power."

Former NSA whistleblower Thomas Drake, speaking on a recent panel with other government whistleblowers on the Obama administration's aggressive prosecution of national intelligence whistleblowers and how our government has become "an alien form I don’t recognize."  Click here for more.

Whistleblower News From The Inside — April 28, 2015

By the C|C Whistleblower Lawyer Team All-Star listing of government whistleblowers blast Obama prosecutions -- "The landscape for whistleblowing 'changed drastically' on April 23 when Gen. David Patraeus received two years’ probation and a $100,000 fine for divulging classified information, according to a panel of some of government’s most famous disclosers of secrets."  GovExec The Medical Center of Central...

In Their Own Words – Lynch

-- "WE ARE ALL JUST HERE FOR A TIME . . . .  BUT THE VALUES WE HOLD DEAR WILL LIVE ON LONG AFTER WE HAVE LEFT THIS STAGE.  OUR RESPONSIBILITY, WHILE WE ARE HERE, IS TO BREATHE LIFE INTO THEM; TO IMBUE THEM WITH THE STRENGTH OF OUR CONVICTIONS AND THE WEIGHT OF OUR EFFORTS."

Loretta E. Lynch, at her swearing in as the 83rd Attorney General of the United States.  Click here for more.

DOJ Catch Of The Week -- Deutsche Bank

This week's Department of Justice "catch of the week" goes to Deutsche Bank AG.  Yesterday, the German-based bank and its UK-based subsidiary DB Group Services (UK) Limited agreed to pay more than $2.5 billion to settle US and UK charges relating to their role in manipulating the London Interbank Offered Rate (LIBOR).  LIBOR is a leading benchmark interest rate used in financial products and transactions around the...

Whistleblower News From The Inside — April 24, 2015

By the C|C Whistleblower Lawyer Team David Petraeus sentenced to two years probation – The former CIA director was sentenced to two years probation for leaking highly classified information to a biographer with whom he was having a sexual relationship – exposing what many say is a glaring double standard for whistleblowers prosecuted by the Obama administration.  US News and World Report NJ Transit pays...

In Their Own Words – Radack

-- The U.S. “clearly has a two-tiered justice system when it comes to classified information…if you’re a person in a position of power or you’re politically well connected, you can leak with impunity." 

Jesselyn Radack, a Government Accountability Project lawyer who has represented several people prosecuted during the administration's crackdown on leaks by low-level officials. Click here for more.

SEC Awards Compliance Officer Whistleblower Over A Million Dollars

By the C|C Whistleblower Lawyer Team The SEC announced an award of more than a million dollars to a compliance officer who had a reasonable basis to believe that disclosure to the SEC was necessary to prevent imminent misconduct from causing substantial financial harm to the company or investors. This is the second award the SEC has made to an employee with internal audit or compliance responsibilities, after the...

Whistleblower News From The Inside — April 23, 2015

By the C|C Whistleblower Lawyer Team Deutsche Bank to pay $2.5B to settle LIBOR rate-rigging charges -- The payment will be made to US and British authorities to settle charges the bank helped manipulate the benchmarks used to set interest rates on trillions of dollars in mortgages, student loans, credit cards and other debt.  NYT Barry Bonds conviction overturned -- “A federal appeals court Wednesday overturned...