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Importance of Whistleblowers

This archive displays posts addressing or illustrating the importance of whistleblowers. You may also be interested in the following pages:

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Auto-safety regulators finally take steps to stand up nation’s only safety-focused whistleblower program, but challenges lie ahead

Posted  06/16/21
crash test dummy in car
Back in 2015, the public seethed over the auto industry’s historic industry failures.  Takata’s air-bag scandal, Toyota’s unintended-acceleration deceptions, and General Motors’s deadly ignition-switch cover-up were in the headlines.  Hundreds died and millions were exposed to grave dangers because of the industry’s propensity to bury known safety defects. In 2015, Congress tried to turn the tide,...

Whistleblowers Without Borders: International Whistleblowers are Increasingly Important Contributors of Tips to the SEC Whistleblower Reward Program

Posted  06/11/21
globe
On March 4, 2021, the SEC announced an award of over $5 million to joint foreign whistleblowers whose tip, providing significant information about misconduct abroad, caused the opening of an investigation that resulted in a successful SEC enforcement action. According to Jane Norberg, former Chief of the SEC’s Office of the Whistleblower, “The whistleblowers’ information alerted the staff to misconduct...

The Dawn of Antitrust Whistleblowing

Posted  06/9/21
By Marlene Koury, Kristian Soltes
Attorney headshots of Marlene Koury and Kristian Soltes

Whistleblowing is crossing paths with antitrust enforcement. Expect the trend to accelerate.

In the past few years, whistleblowers have become increasingly instrumental in detecting and addressing corporate wrongdoing. Increased protections and financial incentives have encouraged whistleblowers to expose corruption and other wrongdoing, much of which would otherwise often go unnoticed. This phenomenon is also...

Book Review: “Empire of Pain: The Secret History of the Sackler Dynasty,” by Patrick Radden Keefe

Posted  06/3/21
By Max Voldman
Last October, Purdue Pharma, the inventor, manufacturer, and marketer of Oxycontin, the drug at the center of the opioid crisis, reached a massive healthcare fraud settlement with the Department of Justice. The Department advertised the settlement as an $8.3 billion dollar recovery, which would make it one of the largest healthcare fraud settlements in history. In his book Empire of Pain, Patrick Radden Keefe explores...

Catch of the Week: Dental Clinics to Pay $2.7M for Using Unsterilized Tools on Medicaid Patients

Posted  05/28/21
Dental Chair and Equipment
For over five years, Upper Allegheny Health Systems, a health care system operating several dental clinics in New York and Pennsylvania, allegedly performed dental services without sterilizing equipment between patients and falsely billed Medicaid for those services. After a former employee blew the whistle, the United States and the State of New York stepped in to investigate, and the defendant agreed to a $2.7...

DOJ Lowers The Boom On COVID-19 Healthcare Scams, Again

Posted  05/28/21
COVID Virus Zoomed In
Hey, fraudsters, did you hear?  There was a global pandemic, so the government pumped trillions of dollars into the economy.  Probably a good time to get a piece of the cut, you ask?  They’ll never find out, right?  So many ways to grift! Well, not so much.  From the start, the cops on the beat, led by the United States Department of Justice, have screamed from the rooftops:  “Don’t do it.  We WILL...

Listen to Mary Inman on BBC’s Business Daily Program “What Happens to Whistleblowers?”

Posted  05/21/21
BBC Business Daily Logo
Constantine Cannon’s own Mary Inman appeared on an episode of the Business Daily program from the BBC World Service, What Happens to Whistleblowers: How Exposing the Truth at Work Can Cost You Your Career.  Listen at the Spotify link below, or on your preferred podcast platform. Mary was joined by whistleblowers Ian Foxley and Bianca Goodson and whistleblower psychotherapist David H. Martin for a discussion...

Private-Equity Red Flags Signal Potential False Claims Act Liability

Posted  05/21/21
By Jessica T. Moore
person following a trail of money
Private equity (PE) firms that manage healthcare entities have further reason to take note of the growing record of exposure for False Claims Act (FCA) liability.

Martino-Fleming Case

In the latest shot across the bow, the PE firm, a majority shareholder of a for-profit mental-health provider, knew about the false claims and played a sufficiently active role in operations potentially to have caused them. Evidence...

Constantine Cannon Client Receives Maximum Award for Blowing the Whistle on ITG

Posted  05/21/21
silver whistle with Securities Exchange Commission logo
The SEC has made a multi-million-dollar award to a Constantine Cannon client whose original information and assistance led to an enforcement action against the brokerage firm ITG.  The award—30% of the recovery—is the maximum allowed under the SEC Whistleblower Program. The SEC has taken three enforcement actions against ITG in recent years, two of which involve ITG’s dark pool POSIT.  POSIT is an alternate...

CFTC Whistleblower Program Faces Challenges of its Success: What Whistleblowers Should Know

Posted  05/11/21
Screenshot of CFTC Whistleblower Program web page
This week, the Wall Street Journal reported (paywall) on “turmoil” in the CFTC Whistleblower Program. According to the article, the CFTC has under consideration a whistleblower award of approximately $100 million, based on a claim by a whistleblower in the 2015 $2.5 billion Deutsche Bank LIBOR manipulation settlement.  Given the size of the Deutsche Bank settlement, the potential whistleblower award is...
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