Whistleblower News From The Inside -- September 8, 2017
Posted 09/8/17
By the C|C Whistleblower Lawyer Team
Ex-Amazon analyst pleads guilty to fraud charge -- A former financial analyst at Amazon has pleaded guilty to an insider-trading charge, admitting in court he tipped off a college friend to information about the company’s forthcoming earnings report in spring 2015. Brett D. Kennedy of Blaine resigned from Amazon in May. Prosecutors said that his former fraternity brother at...
By the C|C Whistleblower Lawyer Team
One of the most powerful Atlantic Ocean hurricanes in recorded history made its first landfall in the islands of the northeast Caribbean early Wednesday, roaring along a path pointing to Puerto Rico, the Dominican Republic, Haiti and Cuba before possibly heading for Florida over the weekend.
The storm is one of the strongest ever recorded in the Atlantic Ocean, according to...
By the C|C Whistleblower Lawyer Team
Novo Nordisk Agrees to Pay $58 Million for Failure to Comply with FDA-Mandated Risk Program -- Pharmaceutical Manufacturer Novo Nordisk Inc. will pay $58.65 million to resolve allegations that the company failed to comply with the FDA-mandated Risk Evaluation and Mitigation Strategy (REMS) for its Type II diabetes medication Victoza, the Justice Department announced today. The...
By the C|C Whistleblower Lawyer Team
As the floodwaters begin to recede in the aftermath of Hurricane Harvey and the torturous clean-up effort begins, there is a new threat emerging from this latest environmental disaster -- fraud. It is a concern not only for the victims of Harvey, but also for the volunteers trying to help with the relief effort. This from a recent 
By the C|C Whistleblower Lawyer Team
Wells Fargo now accused of unfair home-mortgage rate hikes -- "The scandal-plagued bank’s Beverly Hills, Calif. branch routinely talked clients into paying higher interest rates in order to avoid fees for delays in processing mortgage-refinancing deals, a whistleblower told The Post." 
By the C|C Whistleblower Lawyer Team
According to reports, President Trump plans to put an end to the Deferred Action for Childhood Arrivals (DACA), an executive order put in place by the Obama administration in 2012. The program has shielded nearly 800,000 young undocumented immigrants from deportation and has allowed them to work and study legally in the U.S. In response to the news reports, dozens of tech...
By the C|C Whistleblower Lawyer Team
SEC Charges Navellier & Associates With Fraud -- The Securities and Exchange Commission announced fraud charges Thursday against Navellier & Associates, a Reno, Nevada, investment adviser, as well as Louis Navellier, its founder and chief investment officer. Louis Navellier began publishing analysis of growth stocks in 1980 and began managing accounts for institutional...
By the C|C Whistleblower Lawyer Team
The DOJ and SEC are 
By the C|C Whistleblower Lawyer Team
Two companies settle allegations of fraud on developmental disabilities program for $2M – Alternative Learning Center and Adult Educational Technologies settled allegations they billed California’s Department of Developmental Services (DDS) for services they never rendered. The companies also allegedly fraudulently retained overpayments and falsified documents to reflect...