Whistleblowers can really shake up their companies and their industries. There’s a reason that Edward Snowden, Erin Brockovich and Deep Throat are practically household names: their revelations had profound impacts. There are many whistleblowers who aren’t as famous but who are just as impactful. Their cases are all different, but their courage, their bravery and their stories are all inspiring: in the context of normal lives (not the Hollywood-ready ones)...
The Securities and Exchange Commission (SEC) announced on August 26, 2022 two key whistleblower rule changes. We first reported on these rule changes at the time they were proposed; now that they have been adopted by the SEC, whistleblowers are further incentivized to provide high-quality information and assist in bringing fraud to light.
H Street Law, alongside the National Whistleblower Center and the law firm of Zerbe, Miller, Fingeret, Frank & Jadav, advocated for whistleblowers at the Supreme Court of the United States. The amicus brief informed the Justices of the connection between Bittner v. United States and whistleblower tips garnered through the IRS Whistleblower Program.
Glencore and subsidiaries recently resolved investigations by the Department of Justice and the Commodity Futures Trading Commission and agreed to pay total fines and monetary penalties in excess of $1.1 billion – amounting to the largest penalty and disgorgement ever ordered by the Commodity Futures Trading Commission.
There’s a common misconception that a whistleblower must have no connections to the conduct they seek to report. This common misconception often discourages witnesses from coming forward or incentives them to omit or to minimize their role or participation in a fraud. Yet whistleblowers are quite frequently connected to the conduct they seek to report.
Deciding to become a whistleblower is no easy task, and there is no single right way to step forward. We have worked with many types of clients–each of whom has his or her unique story–and we are experienced at tailoring an approach to suit each client’s specific needs.
The SEC has proposed two changes to whistleblower program rules. The result? Increased protections against reduced awards for whistleblowers, if approved.
Thinking of blowing the whistle? The Brief: While becoming a whistleblower can be daunting, you should initially focus on three important considerations: (1) whistleblower protections are available, (2) documentary evidence is helpful but not required, and...