Whistleblower News from the Inside - September 5, 2014

By the C|C Whistleblower Lawyer Team

BP found to have acted with gross negligence in oil spill fiasco – A federal judge made the ruling despite the company’s expectation that it would be found merely negligent; it now faces upwards of $18 billion in fines.  Bloomberg

Former Governor McDonnell found guilty – A Virginia jury found the former governor guilty of 11 counts of corruption, though his lawyers say he will appeal.  Washington Post

Medical device maker Smith & Nephew settles whistleblower suit — The London-based company agreed to pay $11.3M to settle allegations by the company’s former IT manager that it sold the US orthopaedic products claiming they were US-made when they actually came from Malaysia.  Reuters

Portrait of a hedge-fund whistleblower —  New Stream Capital LLC whistleblower Frank Harrison details the long road between first going to the FBI in 2009 with serious allegations of fraud to now, where three of the hedge fund leaders are on trial and Mr. Harrison will be one of the government’s trial witnesses.  WSJ

Tennessee False Claims Act lawsuit unsealed – The whistleblower lawsuit seeking over $10 million in damages against EPB for overbilling the state for street lights was unsealed this morning.  Times Free Press