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Security Fraud

SEC Announces Highest Whistleblower Reward on Record

The SEC announced a historic $30 million whistleblower reward in late September, making it the highest award to date. In light of the 2008 financial crisis – which was propelled primarily by corporate misconduct and serious Wall Street delinquency – the 2010 Dodd-Frank Act was created in order [...]

By | 2018-03-26T01:17:15+00:00 October 10th, 2014|SEC Fraud|

Investment Advisors Charged in Securities Fraud Scheme

Image Source: commerce.gov The Securities and Exchange Commission (SEC) recently announced charges were being filed against one investment adviser and settled with another for both their roles in a scheme to misappropriate funds. Jorge Gomez, who formerly operated in Dallas and Mexico, is now facing charges for allegedly funneling millions of dollars from [...]

By | 2018-03-26T05:08:45+00:00 June 27th, 2013|SEC Fraud|

Task Force Files Mortgage Fraud Lawsuit Against JP Morgan Chase

The Residential Mortgage-Backed Securities Working Group officially filed its first mortgage fraud lawsuit, going after JP Morgan Chase investment bank. According to the complaint, JP Morgan is allegedly responsible for a long list of fraudulent activity in relation Bear Sterns’ packaging and sales of mortgage securities. The civil lawsuit was filed in the New [...]

By | 2018-07-09T11:56:31+00:00 May 3rd, 2013|Mortgage Fraud|

Deutsche Bank Whistleblower Endures Hostile Workplace & Termination after Reporting to SEC

Securities and Exchange Commission (SEC) whistleblower, Dr. Eric Ben-Artzi, is alleging multi-billion dollar securities violations at Deutsche Bank, an investment bank located in Germany.  Dr. Ben-Artzi is a former Quantitative Risk Analyst at Deutsche Bank. He initially attempted to report the violations to superiors at Deutsche Bank, but was ignored and [...]

By | 2018-06-07T10:38:50+00:00 March 15th, 2013|False Claims Act Legal News|

Everything You Need to Know About the SEC Whistleblower Program

The Securities and Exchange Commission (SEC) is the federal agency responsible for regulating the securities industry and for enforcing federal securities laws. The SEC protects the public against fraudulent and manipulative practices in the securities markets. Congress created the SEC Whistleblower Program as a way to offer incentives to those people who have knowledge about securities fraud. The [...]

By | 2018-06-13T11:28:37+00:00 February 14th, 2013|SEC Fraud|