In Their Own Words -- Ceresney
Posted 10/23/15
Whistleblower Insider Blog
Whistleblower Insider is written by the Constantine Cannon law firm team of experienced qui tam and whistleblower lawyers. It is updated regularly to provide the latest whistleblower and fraud news and developments.
How To Punish Corporate Fraudsters
Posted 10/23/15
By Eric R. Havian
Edward Thurlow, an English lord chancellor in the 18th century, reputedly said that it’s difficult to punish a corporation because there is “no soul to be damned, and no body to be kicked.” But there is, in fact, a way to punish corporations for their misdeeds: Bar their officers from government work. So why don’t we? . . . The best way to make sure the rank-and-file are turning...
DOJ Scores Big With Two Whistleblower False Claims Act Wins
Posted 10/23/15
By the C|C Whistleblower Lawyer Team
It was a good week for the Department of Justice in reigning in corporate fraud. Not only did it secure more than $700 million in fines and penalties from Crédit Agricole for violations of the International Emergency Economic Powers and Trading With the Enemy Acts. See DOJ Catch of the Week. It also pulled in two additional eight and nine-figure settlements from two...
Whistleblower News From The Inside -- October 23, 2015
Posted 10/23/15
By the C|C Whistleblower Lawyer Team
Barclays, HSBC, RBS, Goldman and BNP settle Forex class action for more than $1B -- The action is on behalf of multinational companies, as well as hedge funds and pension funds, who claimed they had lost out as a result of forex rigging by the banks. Evening Standard
SEC announces enforcement results for FY 2015 -- In the fiscal year that ended in September, the SEC filed...
In Their Own Words — Havian
Posted 10/22/15
— “We need to use better methods to deter corporate misbehavior. Exclusion needs to be dusted off, modernized and used more frequently. Criminal remedies will never be a realistic option, except in the most egregious cases. The best way to make sure the rank-and-file are turning square corners when dealing with the government is to give them, and their bosses, strong incentives to do the right thing. We no...
Whistleblower News From The Inside — October 22, 2015
Posted 10/22/15
By the C|C Whistleblower Lawyer Team
How to punish corporate fraudsters – “Edward Thurlow, an English lord chancellor in the 18th century, reputedly said that it’s difficult to punish a corporation because there is ‘no soul to be damned, and no body to be kicked.’ But there is, in fact, a way to punish corporations for their misdeeds: Bar their officers from government work. So why don’t we?” Read MoreConstantine Cannon Whistleblower Suit Against KBR Will Go Forward: False Certification of Compliance Not Needed To State a Claim
Posted 10/21/15
C|C Whistleblower Team
By Janice Kelly
A whistleblower suit against KBR will go forward after a district court judge found that relators’ complaint sufficiently alleged a violation of the False Claims Act. Judge Michael M. Mihm found that relators’ claims that KBR sidestepped required inventory controls and ordered hundreds of millions of dollars of unneeded materials met the FCA’s requirement that fraud...
In Their Own Words — Millennium Health
Posted 10/21/15
— "Trying to make it rain liquid gold baby!”
Email from a sales representative at Millennium Health, a urine screening company, quoted in the government’s False Claims Act lawsuit that settled earlier this week for $256 million. Millennium Health faced allegations that it billed the government for unnecessary tests.Whistleblower News From The Inside — October 21, 2015
Posted 10/21/15
By the C|C Whistleblower Lawyer Team
Crime goes up, prosecution goes down -- A report from Syracuse University reveals that corporate crime has been rising over the past decade -- but the DOJ has been prosecuting less of it. Ring of Fire
Whistleblower intimidation or honest coincidence? -- The mother of a former Predator drone operator and current whistleblower, Brandon Bryant, was told by Air Force...
In Their Own Words — Kiriakou
Posted 10/20/15