Judge Determines that PricewaterhouseCoopers was Negligent in Colonial Bank Auditing Case
Posted 01/3/18
By the C|C Whistleblower Lawyer Team
Late last week, a federal judge determined that accounting giant PricewaterhouseCoopers (PwC) was negligent in its auditing of Colonial Bank, the Alabama institution that failed in 2009 in the midst of the financial crisis. Colonial failed as a result of a $2 billion fraud orchestrated by Florida-based mortgage lender Taylor Bean & Whitaker, a major Colonial customer, which was...
By the C|C Whistleblower Lawyer Team
Missouri sheriff sues state auditor for not releasing whistleblower complaints — The sheriff of Greene County, Missouri has sued the state auditor to release documents related to allegations that the county misused public funds to advocate for an increased sales tax. In refusing to turn over certain documents, the state auditor has cited her legal obligation to protect the...
By the C|C Whistleblower Lawyer Team
As 
By the C|C Whistleblower Lawyer Team
Cuomo calls on whistleblowers in fight against sexual harassment -- The New York governor "proposed an anti-sexual harassment package that would spare taxpayers from paying for settlements involving public officials and ... would also create a uniform code of sexual harassment ... that would include a whistleblower process designed to allow people to anonymously bring complaints...
By the C|C Whistleblower Lawyer Team
A key provision of the newly signed tax bill modifies a long-standing break that allowed individuals to deduct any state and local property taxes paid that year. The new bill limits the itemized tax deductions for state and local taxes to $10,000. In response to reports of taxpayers lining up to prepay their 2018 taxes before the bill goes into affect, the IRS issued an 
By the C|C Whistleblower Lawyer Team
Martin Shkreli’s Ex-Lawyer Is Convicted of Fraud — A lawyer who once advised the former drug company executive Martin Shkreli was convicted on Wednesday of helping Mr. Shkreli defraud a pharmaceutical company. 
By the C|C Whistleblower Lawyer Team
The ever-increasing complexity of the securities markets is making fraud harder to detect and making whistleblowers more essential than ever before. With insider knowledge, whistleblowers can help enforcement officials detect fraud and apprehend fraudsters much quicker than otherwise. Whistleblowers who approach authorities take tremendous risk, including the risk of ruining their...
By the C|C Whistleblower Lawyer Team
Rhode Island based lab settles FCA suit for $815K – Dominion Diagnostics has settled allegations that it billed Medicare and Vermont’s Medicaid program for urine testing which was not ordered by physicians, but instead ordered by the lab itself. 
By the C|C Whistleblower Lawyer Team
Last year, the former head of Russia’s national antidoping laboratory, Grigory Rodchenkov, helped expose Russia’s extensive doping regime for Olympic athletes. Today, he fears for his own safety, according to a statement released by his U.S.-based lawyer, Jim Walden. Walden said that Rodchenkov might need to reconsider his cooperation with the International Olympic Committee...
By the C|C Whistleblower Lawyer Team
FBI Software For Analyzing Fingerprints Contains Russian-Made Code, Whistleblowers Say – “In a secret deal, a French company purchased code from a Kremlin-connected firm, incorporated it into its own software, and hid its existence from the FBI, according to documents and two whistleblowers. The allegations raise concerns that Russian hackers could compromise law enforcement...