The Securities and Exchange Commission today announced that sham hedge fund whistleblower (three people) have been awarded more than $25,000 to date. This is the first of anticipated payments to the whistleblowers in which they will receive approximately $125,000 in total. The case had related criminal proceedings in which money […]
Legal Sleuth®
The Securities and Exchange Commission announced an award of more than $14 million award to a whistleblower whose information led to an SEC enforcement action that recovered substantial investor funds. Payments to whistleblowers are made from a separate fund previously established by the Dodd-Frank Act and do not come from […]
14 Million Award To Whistleblower
As reported by Forbes, a California jury found the manufacturer – JM Eagle – liable for defrauding government purchasers in the JM Eagle whistleblower lawsuit: evidence consisted of internal documents suggesting the company may have shipped pipe that failed to meet industry standards JM Eagle whistleblower lawsuit whistleblower never appeared […]
JM Eagle Whistleblower Lawsuit
According to the Department of Justice, the government has intervened in the IPC whistleblower lawsuit against IPC The Hospitalist Co. Inc., and its subsidiaries (IPC) alleging that IPC submitted false claims to federal health care programs IPC, based in North Hollywood, Calif., is one of the largest providers of hospitalist […]