JPMorgan Whistleblower Breaks Eight-Year Silence on Massive Securities Fraud

By Marlene Koury Former securities attorney turned whistleblower Alayne Fleischmann has for eight years kept quiet about what she says is solid evidence of “massive criminal securities fraud” at JPMorgan Chase.  She has spoken with and provided her evidence to government investigators on numerous occasions over the years and she paid close attention when -- based partially on her allegations -- the DOJ fined JPMorgan $13 billion last year for...

Whistleblower News from the Inside - November 12, 2014

By the C|C Whistleblower Lawyer Team Regulators hit five banks with $3.4 billion penalty – The fines, levied against UBS, HSBC, Citigroup, Royal Bank of Scotland, and JP Morgan, are for manipulation of the foreign exchange market.  Reuters 22,000 dental patients in U.K. health scare --  The patients have been urged to check for HIV and hepatitis infections after a whistleblower raised alarms that a dentist was using shoddy infection...

Whistleblower News from the Inside - August 5, 2014

By the C|C Whistleblower Lawyer Team Tale of two whistleblowers -- Two whistleblower-related stories that came out last week provide stark contrast as to the right way and wrong way for companies to handle whistleblower complaints.  WSJ Community Health Systems to pay $98M -- The country’s largest operator of acute care hospitals has agreed to the payment to settle multiple whistleblower lawsuits alleging it violated the False Claims Act by billing Medicare and...

Two Favorable Rulings for Dodd-Frank Whistleblowers, and the Whittling Away of Asadi

By Gordon Schnell Last summer, the Fifth Circuit in Asadi v. GE Energy ruled the whistleblower retaliation protections of the Dodd-Frank Act apply only to those who actually provide information to the government (through the SEC or CFTC).  If a whistleblower merely reports within the company, to a supervisor or through an internal compliance program, the Fifth Circuit ruled there is no coverage under the Act.  Click here for more.  For now,...

Whistleblower News from the Inside - January 24, 2014

By the C|C Whistleblower Lawyer Team DOJ sues KBR for contract fraud in Iraq – The whistleblower-prompted False Claims Act action alleges that KBR submitted inflated and fraudulent bills and obtained illegal kickbacks in connection with its logistical support contract with the US Army in Iraq.  DOJ Ranbaxy woes continue – The U.S. has banned the company, one of the largest suppliers of ingredients for generic drugs, from selling ingredients...

Top-10 Whistleblower Developments of 2013

By Gordon Schnell There has been a great deal of activity this year in the wild world of whistleblowing -- some of it good; some of it bad; much of it still waiting to unfold.  Here is our listing of 2013’s Top-10 whistleblower developments, many of which we surely will be wrestling with in 2014. 10. UK Whistleblowers.  The United Kingdom seems to be moving in the direction of serious whistleblower...

Top-10 Whistleblower Developments of 2013

By Gordon Schnell There has been a great deal of activity this year in the wild world of whistleblowing -- some of it good; some of it bad; much of it still waiting to unfold.  Here is our listing of 2013’s Top-10 whistleblower developments, many of which we surely will be wrestling with in 2014. 10.  UK Whistleblowers.  The United Kingdom seems to be moving in the direction of serious...

Whistleblower News from the Inside - November 1, 2013

Model photoshopping exposed – ABC video explores the skinny on the extent of model photoshopping and its dangerous social consequences.  ABC Senate Judiciary Committee approves antitrust whistleblower bill – It aims to prevent retaliation against those reporting price-fixing violations to the DOJ.  Reuters Snowden inspiring more NSA leakers – The Government Accountability Project, a whistleblower protection group, says the NSA whistleblower has motivated many others to follow suit.  GAP FDA finds...

SEC Puts Its Money Where Its Mouth Is With $14M Whistleblower Award

By Gordon Schnell It has been more than two years since the SEC Whistleblower Office officially opened its doors.  Born out of the Dodd-Frank Act, it was created to help usher in a new day of more aggressive enforcement at an agency that up until recently many believed was very much asleep at the switch.  But with all of the fanfare surrounding the new office, and the flood of whistleblower...

Whistleblower News from the Inside - September 27, 2013

UN report warns of real threat from global warming – In the 2,000 page report of the Intergovernmental Panel on Climate Change, a collection of the world’s leading climate scientists warn of serious environmental consequences if governments do not take more aggressive action. Washington Post Auto parts makers plead guilty to price-fixing – Nine Japanese companies plead guilty and will pay $745 million in fines for conspiring to fix the...