‘Qui Tam Whistleblower’ Category

November 28, 2014 November 28, 2014 — Dental Medicaid fraud is frequently apparent to dental clinic insiders. But many are reluctant to come forward for fear of losing their jobs — until they are asked to participate. For many, that’s the point at which they seek legal help to thwart billing fraud schemes against Medicaid. When tipsters bring a lawsuit against unethical dental practices under the qui tam...

November 26, 2014 November 26, 2014 — Company executives owe it to their shareholders to protect their interests by making truthful public announcements concerning the company’s financial position. When executives use phony marketing campaigns to artificially pump up their company’s stock price and then dump their shares on unsuspecting investors, that’s securities fraud. The Dodd-Frank Wall Street Reform...

November 21, 2014 November 21, 2014 — Many traders rely on complex algorithms and sophisticated technologies in an attempt to make the best trades for their firms and their clients. But when traders employ such means to artificially manipulate share prices, that crosses the line into securities fraud. The Securities and Exchange Commission (SEC) will aggressively pursue those involved in high frequency trading...

November 19, 2014 November 19, 2014 — Dental Medicaid fraud rarely goes unnoticed by dental clinic insiders. But many try to turn a blind eye so they can hold onto their jobs — until they are asked to participate. For some, that’s when they decide to seek out legal help to stop Medicaid billing fraud schemes against the state and federal governments. When tipsters file a whistleblower lawsuit against...

November 17, 2014 November 17, 2014 —It is a violation of the False Claims Act for military contractors to bill the government for services rendered under a cost-plus-a-percentage-of-cost contract. Military contracts are highly prized and can be very profitable for many government contractors. But contractors must deal fairly and honestly with the government. When they don’t, the qui tam provisions of the...

November 10, 2014 November 10, 2014 — U.S. securities laws protect the investing public by requiring financial institutions and other public companies to properly report their earnings and losses. Compliance with the law necessitates that institutions develop and maintain internal recordkeeping and accounting controls to track that information. When institutions break the law by turning a blind eye to their own...

November 5, 2014 November 5, 2014 — Seniors living in nursing homes rely on Medicare and Medicaid programs for quality care. When operators of large nursing home chains place corporate profits over the needs of their patients, nursing home professionals and staff are not without power to stop the abuse. The U.S. Justice Department (DOJ) relies on whistleblowers who notify the government about health care...

October 29, 2014 October 29, 2014 — Those employed by investment advisers and broker-dealers are entrusted with sensitive and confidential information concerning their clients’ business dealings. Using that information for personal gain is a crime. It is also a crime for a broker-dealer to fail to implement programs to ensure that inside employees do not engage in insider trading. To deal with the problem of...

October 27, 2014 October 27, 2014 — To help fight corruption and fraud in the securities market, Congress established a whistleblower program as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The program provides for awards to informants who alert the Securities and Exchange Commission (SEC) to key information concerning an imminent or ongoing fraudulent scheme. Insiders who...