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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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Constantine Cannon Partner Gordon Schnell Published in Fortune on Why You Might Be the Next Big Whistleblower

Posted  01/3/24
Person Standing and their Shadow Displayed as Superhero
Constantine Cannon partner Gordon Schnell was published yesterday (January 2) in Fortune on why you might become the next big whistleblower.  He co-authored the piece with Amber Scorah, founder of Parallel Story, a nonprofit helping whistleblowers tell their stories. Schnell and Scorah have worked for years helping whistleblowers bring forward information about fraud and misconduct.  But not necessarily the kind...

Better Markets Heralds SEC Whistleblower Program as a Model To Follow

Posted  12/14/23
Better Markets -- a nonpartisan nonprofit promoting the public interest in financial reform and the economy -- just released (on December 7) a report on the SEC Whistleblower Program, touting it as a $6 billion success story.  In announcing its findings, Better Markets did not spare its high praise for the whistleblower program, highlighting "just how critical [it] has been as a law enforcement tool, allowing the SEC...

Why Cybersecurity Whistleblowers Should Be Treated as Friends, Not Foes

Posted  11/1/23
computer screen with HTML coding
A very insightful article in Security Week explains the rise of cybersecurity whistleblowers and why corporations would be wise to welcome them with open arms.  It may seem counterintuitive to embrace what many so readily dismiss as rabble-rousers or disgruntled employees getting in the way of business. But the higher truth, as the most experienced compliance professionals can attest, is that whistleblowers...

September 29, 2023

Registered investment adviser D. E. Shaw & Co. L.P. has agreed to pay $10 million to settle charges of violating the whistleblower protection rule of the Securities Exchange Act of 1934.  According to the SEC, between 2011 and 2019, the company required new employees to sign agreements prohibiting them from disclosing information to anyone outside the company without company authorization, a court order, or as required by law.  Between 2011 and 2023, the company also required about 400 departing employees to sign releases stating they had not filed complaints with any federal agency before they were able to receive benefits.  SEC

September 19, 2023

Commercial real estate firm CBRE, Inc., a subsidiary of CBRE Group, Inc., has agreed to pay $375,000 to settle charges of violating the SEC’s whistleblower protection rule between 2011 and 2022.  In order to receive separation pay, CBRE allegedly required over 800 of its departing employees to sign releases stating they had not filed complaints with any federal agency.  As part of its settlement with the SEC, CBRE has informed former employees who signed the release of their right to communicate with the government, as well as taken revised all of its releases to be in compliance with the whistleblower protection rule.  SEC

In Service of Justice – The Importance of Whistleblowers

Posted  08/30/23
Stack of Contract Files
Whistleblowing takes courage.  Whistleblower matters also require patience to file and wait, often several years, to see if the government will intervene and then pursue a matter.  There is rarely much transparency, so the whistleblower remains somewhat in the dark and can feel a lack of control.  Retaliation for speaking up in the workplace is a significant concern. Yet the interests of justice are served by those...

DOJ and FTC Draft Merger Guidelines Reaffirm the Critical Role of Whistleblowers in Antitrust Enforcement

Posted  08/7/23
Puzzle Piece Hovering Over Final Position
Whistleblowers provide crucial information, bring illegality to light, and right wrongs.  It is true when a nurse brings a False Claims Act case against a healthcare provider that defrauded the government by billing Medicare despite failing to provide the proper services to its patients.  And, as the DOJ and FTC reenforced in their recently released draft merger guidelines, it is just as true when a customer,...

July 30 Is National Whistleblower Appreciation Day -- Have You Thanked A Whistleblower Lately?

Posted  07/28/23
Red Whistle with People
July 30 is National Whistleblower Appreciation Day.  Thanks to Senators Chuck Grassley (R-Iowa) and Ron Wyden (D-Oregon), co-heads of the Senate Whistleblower Protection Caucus, it is the tenth year in a row for this annual marker to celebrate whistleblowers and the critical role they play in protecting our health and well-being.  In announcing their bipartisan resolution designating this special day, the senators...

Survey Says . . . Whistleblowers Are Key to Global Compliance

Posted  07/6/23
Hanging Folder with Compliance Tab
A crucial component of any business is managing compliance risk.  An effective compliance program must include a clear and transparent path for whistleblowers to report risk while mitigating fears of retaliation.  These are the key take-aways in this year’s 2023 Global compliance risk benchmark survey by KPMG and White & Case.¹ Based on the opinions of 201 senior decision-makers across 34 countries, the survey...

Constantine Cannon’s Marlene Koury and Chris McLamb in the LA Times Discussing the Importance of Whistleblowers to Prevent the Next OceanGate

Posted  06/29/23
Submarine with Ocean Waves Approaching It
Constantine Cannon whistleblower attorneys Marlene Koury and Chris McLamb are featured in the Los Angeles Times with an op-ed on the importance of whistleblowers to guard public safety in largely unregulated areas. As Ms. Koury and Mr. McLamb explained, for those familiar with OceanGate — the private exploration company that facilitated the Titan submersible tour — the implosion of the vessel was not an...
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