Whistleblower awarded $14 million for exposing fraud
A whistleblower who exposed an ongoing fraud has been awarded about $14 million, the U.S. Securities and Exchange Commission said on March 11, 2022.
‘Courageous’ whistleblowers awarded $237 million by federal government in 2021
The U.S. federal government awarded $237 million in fiscal year 2021 to whistleblowers who exposed fraud and false claims, the Justice Department reported on Feb. 1, 2022.
Whistleblowers making a ‘tremendous contribution’ to protecting investors
In Fiscal Year 2021, the Commission awarded approximately $564 million to 108 individuals —both the largest dollar amount and the largest number of individuals awarded in a single fiscal year. “These large awards underscore the Commission’s commitment to rewarding whistleblowers who provide specific and detailed information that plays a significant role in the success of the agency’s enforcement actions,” said Emily Pasquinelli, Acting Chief, Office of the Whistleblower of the Securities and Exchange Commission.
Whistleblower lawsuit leads to federal complaint against CEOs
The U.S. Justice Department on April 4, 2022, said it has filed a complaint alleging False Claims Act violations by two laboratory CEOs, one hospital CEO and other individuals and entities.
Trucking company employee to get $1.3 million in whistleblower settlement
An employee whistleblower at a big U.S. trucking company will receive $1.3 million, plus interest, as his share of a settlement of false claims allegations against freight carriers.
Whistleblower lawsuit leads pharmaceutical company to pay nearly $234 million
A whistleblower lawsuit has resulted in a major international pharmaceutical company agreeing to pay nearly $234 million to resolve allegations that it avoided paying hundreds of millions of dollars in Medicaid rebates due to significant drug price increases.