Canadian Accountability Experts Propose Comprehensive “Hack” Promoting Increased Transparency and Support for Whistleblowers

A group of prominent accountability experts have come up with a comprehensive proposal designed to increase transparency and whistleblower protections in Canada. The Canadian COVID-19 Accountability Group (CCAG), comprised of former whistleblowers and other experts from academia, law, policing and journalism, was created in response to Constantine Cannon’s FT Innovative Lawyers Global Legal Hackathon challenge. The challenge seeks hacks that remove “the legal, technological and cultural barriers that prevent whistleblowers...

Whistleblower Law and Practice in the U.S. and Beyond – Gonzalez Speaks at Euro Latam Lex Conference

On February 6, 2020, Carolina Gonzalez of our London Office spoke at the VI International Congress of Euro Latam Lex in Washington, D.C.  This year’s edition focused on “Challenges in Compliance as we Enter the New ‘Roaring Twenties.’”  Carolina’s panel discussed key whistleblower reward programs in the US:  CFTC, SEC, IRS, and the False Claims Act, the expansion of similar programs in other jurisdictions like Canada and South Korea, and...

Whistleblower Law and Practice in the US and Beyond

Constantine Cannon attorney Carolina Gonzalez was a speaker on the panel, “Whistleblower Law and Practice in the US and Beyond”  at the "Challenges in Compliance  as We Enter  the New ‘Roaring Twenties’"  conference held by the EURO LATAM LEX, the international Network of law firms, on February 6, 2020, in Washington, DC.  Click here to read the presentation.        

SEC Whistleblower Program 2019 Annual Report Tells Story of Significant Impact - Despite Beginning the Year with a Government Shutdown

In its 2019 Annual Report to Congress, the SEC Office of the Whistleblower described its program as continuing to have a “significant impact” on enforcement and investor protection efforts.  In the fiscal year that ended in September 2019, the SEC Whistleblower Program received the second highest number of tips in program history, and issued the third largest whistleblower award to date. These numbers illustrate the benefits of the SEC Whistleblower Program, which...

Legislation Watch: Proposed Amendments to Bank Secrecy Act Include Whistleblower Rewards

Currently in the 116th Congress, both the House and Senate are considering bills that would amend existing law to provide a whistleblower reporting system and meaningful financial rewards to whistleblowers who come forward to the federal government to report unlawful money laundering and other violations of specified banking laws. We have previously written on the important benefits that would be available with meaningful anti-money laundering (“AML”) whistleblower rewards. These bills,...

Constantine Cannon Attorneys Eric Havian and Michael Ronickher Published on Need for Whistleblowers in Anti-Money Laundering Enforcement

With a whistleblower program for anti-money laundering enforcement currently under discussion in the House of Representatives Financial Services subcommittee, Constantine Cannon attorneys Eric Havian and Michael Ronickher were published in Banking Exchange on April 22 on the benefits such a program could bring. Highlighting the example of the recent Standard Chartered settlement, in which the London-based bank agreed to pay over $1 billion to settle allegations it helped clients conceal...

Constantine Cannon Attorneys Eric Havian and Michael Ronickher Published in American Banker on Why Anti-Money Laundering Enforcement Needs More Whistleblowers

Several whistleblower-initiated enforcement actions relating to money laundering made headlines in recent weeks, including the German raids of Deutsche Bank and the multiple U.S. indictments of individuals involved with Panamanian law firm Mossack Fonseca. In light of the whistleblower contributions to these major enforcement actions, Constantine Cannon attorneys Eric Havian and Michael Ronickher published an article in American Banker calling on Congress to enact an anti-money-laundering whistleblower program. Havian and...

Record-Breaking Year for the SEC Whistleblower Program: What the SEC Annual Report Tells Whistleblowers

In its 2018 Annual Report to Congress, the SEC Office of the Whistleblower described a “record-breaking year,” with a substantial increase in the number of tips received and the largest whistleblower awards to date.  While these numbers illustrate the benefits of the SEC Whistleblower Program, the SEC rightly says that it is “most proud” of the benefits the Whistleblower Program offers to investors, with over $1.7 billion in monetary sanctions...

Whistleblower News From The Inside -- May 16, 2018

By the C|C Whistleblower Lawyer Team DOJ Intervenes in FCA Lawsuit Against Insys Therapeutics – “As stated in the complaint, which was unsealed [yesterday], the United States alleges that Insys, headquartered in Arizona, paid kickbacks to induce physicians and nurse practitioners to prescribe Subsys for their patients. Many of these kickbacks took the form of speaker program payments for speeches to physicians that were, in fact, shams; jobs for the...

Whistleblower News From The Inside -- March 12, 2018

By the C|C Whistleblower Lawyer Team Former Florida Hospital Surgeon Wins $2.85 million Whistleblower Suit – More than three years after filing a whistleblower lawsuit against Florida Hospital, Dr. Ahmad Chaudhry was awarded $2.85 million by an Orlando jury that decided he was wrongfully fired by the hospital in retaliation for raising concerns about unsafe practices of the then-director of its heart and lung transplant institute. “Our ultimate hope is that...