Whistleblower Insider Blog

Florida Broker Fined $650K by FINRA For AML Compliance Lapses

By the Constantine Cannon Whistleblower Team The Financial Industry Regulatory Authority (FINRA) fined Miami-based brokerage firm EFG Capital International $650,000 for alleged deficiencies in the firm's anti-money laundering (AML) compliance program. FINRA found that EFG failed to maintain effective automated systems to detect and review suspicious transactions. ¹

EFG Capital Agreed to Pay Without Admitting...

Constantine Cannon Partner Gordon Schnell Featured in Law.com on This Year’s Drop in SEC Whistleblower Awards

Seven Constantine Cannon Lawyers Recognized in Super Lawyers 2025

Every year, Super Lawyers selects the top 5% of attorneys through a multi-phase, peer-influenced, and research-driven method that highlights professional achievements. Constantine Cannon LLP is delighted to announce that seven of our firm’s lawyers have been recognized this year. ¹

The Selection Process

This directory is a resource featuring detailed profiles of attorneys who have demonstrated excellence in...

In Their Own Words… SEC Chairman Paul Atkins on Protecting Whistleblowers

By the Constantine Cannon Whistleblower Team On October 7, 2025, SEC Chairman Paul Atkins gave a keynote address at the 25th Annual A.A. Sommer, Jr. Lecture on Corporate, Securities, and Financial Law at Fordham School of Law.¹ Atkins’s speech centered around the Wells process, which is a process that usually occurs at the end of an investigation where SEC enforcement staff notify potential respondents or...

Stream of SEC Whistleblower Awards Continues with Five New Awards -- But Payouts Remain Small

By the Constantine Cannon Whistleblower Team It was just a month ago when we reported -- after a wave of SEC whistleblower awards -- that the SEC Whistleblower Program was alive and well.  Up until then, the SEC had been relatively sparse with its awards this year under the SEC Whistleblower Program and many had questioned whether the SEC’s support for the program was losing steam.  But with the SEC issuing...

Mail Order Pharmacy Owner Settles False Claims Act Allegations of Kickbacks and Fraudulent Billing

By the Constantine Cannon Whistleblower Team On September 26, Acting U.S. Attorney and Special Attorney Alina Habba announced that California resident Andrew Do agreed to settle allegations that he violated the False Claims Act through illegal kickbacks and fraudulent billing practices at his three mail order pharmacies.

Do’s Pharmacies

From January 2016 through December 2020, Do owned and operated three mail...

New Jersey Company Settles False Claims Act Allegations Over Ineligible COVID-19 Era PPP Loans

By the Constantine Cannon Whistleblower Team A New Jersey construction supply company, Ulma Form Works, Inc. (Ulma), agreed to pay nearly $2.9 million to resolve allegations that it violated the False Claims Act by applying for and receiving a COVID-19 era Paycheck Protection Program (PPP) loan for which it was not eligible.¹

Ulma Did Not Meet PPP Loan Eligibility Requirements

Ulma, a Fair Lawn, New Jersey-based...

And Yet Another Whistleblower-Originated False Claims Act Cybersecurity Fraud Settlement

By the Constantine Cannon Whistleblower Team On Tuesday (September 30), the Department of Justice (DOJ) announced that Georgia Tech Research Corporation has agreed to pay $875,000 to settle charges of violating the False Claims Act by failing to comply with the cybersecurity requirements of certain Department of Defense (DoD) contracts.¹  It is just the latest in a string of recent False Claims Act settlements...

Whistleblower Question of the Week: What Does a Whistleblower Attorney Do?

By the Constantine Cannon Whistleblower Team Whistleblower attorneys represent individuals who step forward to report illegal or fraudulent activity that often involves government programs, such as Medicare and Medicaid, government contracts, investor funds, or corporate misconduct. Our whistleblower team at Constantine Cannon helps guide clients through every step of the process. We navigate complex laws,...

Frank’s Founder and Former CEO Sentenced to Prison for Securities Fraud

By the Constantine Cannon Whistleblower Team Fast money based on fiction often ends up in flames.  A few months ago, we highlighted the case involving Charlie Javice, the founder and former CEO of startup Frank, in our “Fake It Till You Make It” article, which analyzed risks that startups and their employees face when “fake-it-till-you-make-it” culture crosses the line into fraud. On September 29,...