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Whistleblower News From the Inside -- 9/1/2017

Posted  September 1, 2017

By the C|C Whistleblower Lawyer Team

 

SEC Charges Navellier & Associates With Fraud — The Securities and Exchange Commission announced fraud charges Thursday against Navellier & Associates, a Reno, Nevada, investment adviser, as well as Louis Navellier, its founder and chief investment officer. Louis Navellier began publishing analysis of growth stocks in 1980 and began managing accounts for institutional and individual clients in 1987. His Emerging Growth newsletter had top rankings from the Hulbert Financial Digest from 1985 though 2005. The $1 billion company manages several portfolios for clients and is the adviser for one mutual fund, the Cavalier Fundamental Growth Fund. Investment News

Idaho State Police Whistleblower Awarded $1.5 Million in Damages — A jury awarded an Idaho State Police detective more than $1.5 million in damages Tuesday, signaling jurors believed his claim that ISP commanders intentionally tanked his career goals and his reputation after he refused to go along with their explanation of a fatal crash involving a deputy. KTVB

Authorities Brace for Wave of Hurricane-Related Fraud — As high water spreads from Houston through Texas and Louisiana, authorities are bracing for an inevitable wave of fraud and other criminal activity set into motion by Harvey’s punishing rains. In a warning to those who would seek to defraud the government and people wanting to help or seeking assistance, a dozen federal and state agencies were banding together to investigate and prosecute wrongdoers. US News