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.
By Jason Enzler
The Second Circuit Court of Appeals has overturned a decision that many had hailed as one of the first to really hold Wall Street accountable for its behavior in the years leading up to the Great Recession. The opinion, issued yesterday, found that New York District Court Judge Jed Rakoff abused his discretion in rejecting a deal brokered between the Securities and Exchange Commission and Citigroup,...
By the C|C Whistleblower Lawyer Team
Former Arthrocare top dogs guilty of $400M securities fraud scheme -- A jury has found that the medical device company's former CEO and CFO masterminded a scheme to cook the company's books at the tune of over $400M in shareholder losses. DOJ
Whistleblower to testify on Australia's World Cup bid -- A key whistleblower has been flown to New York to testify to...
By the C|C Whistleblower Lawyer Team
Here is our look-back at the key whistleblower and fraud developments we have written about over the past month: Featured Posts and Commentary The UK Serious Fraud Office opened a formal criminal investigation into GlaxoSmithKline's commercial practices. GSK issued a statement saying that it is “committed to operating...
Source: King's Daughter Medical Center[/caption]
By the C|C Whistleblower Lawyer Team
This week's Department of Justice "catch of the week" goes to King's Daughters Medical Center. On Wednesday, this large hospital in northeast Kentucky agreed to pay $41 million to resolve government charges that it violated the False Claims Act by submitting claims...
By Marlene Koury
GlaxoSmithKline ("GSK") revealed on Tuesday that the UK Serious Fraud Office ("SFO") opened a formal criminal investigation into its commercial practices. GSK issued a statement saying that it is "committed to operating its business to the highest ethical standards and will continue to cooperate fully with the SFO." Neither GSK nor the SFO provided any further details about the practices being...
By Gordon Schnell
Mandatory arbitration clauses are all the rage these days with more and more companies insisting on these provisions in their dealings with customers and employees. It is no wonder why. Arbitrations are typically much less expensive, intrusive and protracted than litigating through the courts. Perhaps even more importantly, they can be used to bar class actions and discourage lawsuits altogether...