Blog

Dodd-Frank Whistleblower

SEC Settles Unprecedented Whistleblower Retaliation Lawsuit

The SEC recently settled its first-ever anti-retaliation case involving an employee’s demotion over reporting conflicted trades. Like several other federal agencies, the Securities and Exchange Commission has implemented a whistleblower program allowing those with first-hand knowledge of fraud to come forward, report what they know, and enjoy protection from employer retaliation. As we [...]

By | 2018-03-26T01:11:49+00:00 June 26th, 2014|SEC Fraud|

Second Dodd-Frank Whistleblower Award Announced in Hedge Fund Scheme

Image Source: bizjournals.com After assuring citizens they would soon see additional whistleblower rewards from the Securities and Exchange Commission (SEC), officials were proud to announce the issuance of a substantial Dodd-Frank whistleblower award. This second-ever Dodd-Frank whistleblower award results from a district court ruling that ordered Locust Offshore Management and its CEO, Andrey [...]

By | 2018-03-26T11:47:12+00:00 June 18th, 2013|SEC Fraud|

Court Rules Employee is Entitled to Dodd-Frank Whistleblower Protections

Image Source: dealbreaker.com Setting an important precedent for all SEC whistleblowers, a district court recently issued a ruling concerning the anti-retaliation provisions of the Dodd-Frank Wall Street Reform & Consumer Protection Act. Last month, the court ruled that whistleblowers need not report incidents of fraud directly to the United States Securities and Exchange [...]

By | 2018-03-26T12:10:17+00:00 June 14th, 2013|SEC Fraud|

Understanding the Dodd-Frank Whistleblower Provisions

Image Source: jacobwday.blogspot.com Both the government and whistleblowers alike have historically relied on the False Claims Act as a primary tool to end to fraud. It is important to understand, however, that the False Claims Act does have limitations. The largest one being that it only applies to instances in which the United [...]

By | 2018-03-26T10:55:23+00:00 June 10th, 2013|SEC Fraud|