September 9, 2012
An Intro to Whistleblower Laws and Why Trial Lawyers Should be Paying Attention
In 2010 Congress passed The SEC whistleblower provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, 15 U.S.C. §78u-6 et seq., providing bounties of 10% to 30% of the government’s recovery to whistleblowers whose complaints to the SEC about securities fraud and foreign corrupt practices result in SEC sanctions totaling $1 million or more. Older but little-used laws, the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”), 12 U.S.C. §1833a et seq., and the Financial Institutions Anti-Fraud Enforcement Act of 1990 (“FIAFEA”), 12 U.S.C. §4201 et seq., also provide bounties of 5% to 30% and contingency fees on the government’s recovery in frauds that affect federally-insured financial institutions. This paper provides an introduction to all of these laws and explains why trial lawyers should be paying attention to them. Read more…
Our Results
Historic settlement for over 1,300 survivors of clergy and adult abuse within the Roman Catholic Archdiocese of Los Angeles, marking a pivotal moment for justice.
A Philadelphia jury awarded a record verdict against ExxonMobil for failing to warn about cancer risks due to benzene in its petroleum products.
Private equity firm and co-defendants agree to pay $25M in Medicaid fraud case alleging mental health services provided by unqualified providers.
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