News

February 19, 2014 February 19, 2014 — Every day, government contractors, large and small, defraud the U.S. government in myriad ways. It’s actually astounding to think that the courage of just one whistleblower would be enough to stop intentional fraudulent practices at one of the nation’s largest and most powerful government contractors. But it’s true. The qui tam provisions of the False Claims Act give...

February 18, 2014 February 18, 2014 — When the U.S. government falls victim to false claims by unscrupulous government contractors, it can be a matter of public safety. This is certainly the case when a contractor makes false representations about the operation of components in its nuclear devices. In such cases, where more is at stake than just tax dollars, the assistance of whistleblowers is critical. The qui...

February 14, 2014 February 14, 2014 — The Securities and Exchange Commission (SEC) relies on “blue sheet” information from broker-dealers in its investigation of possible securities law violations. But the agency lacks the resources, and often the necessary cooperation from those in the securities industry, to ferret out every violation. This is where the financial fraud whistleblower program established by...

February 13, 2014 February 13, 2014 — The investing public has a right to trust that investment advisor firms have their clients’ best interests in mind. When firms engage in illegal cross-trading schemes that favor one group of clients at the expense of another, however, that trust is broken. To protect the rights of investors to receive honest information and fair dealing from investment advisors that manage...

February 12, 2014 February 12, 2014 — Texas is one of the states hit hardest in recent years by dental Medicaid fraud. With the help of conscientious insider employees, however, Texas and other states are fighting back to end the fraud that costs taxpayers millions of dollars and often puts young patients at risk. Under state and federal False Claims Act statutes, tipsters are empowered to file a whistleblower...

February 11, 2014 February 11, 2014 — Health care fraud drives up the cost of federally-funded health care and jeopardizes patient safety. Those who are best situated to discover False Claims Act violations are usually health care insiders. The qui tam provisions in the False Claims Act give conscientious whistleblowers a way to step forward and collaborate with the government to stop illegal kickbacks and...

February 10, 2014 February 10, 2014 — Whistleblowers can have a huge impact in the struggle against Medicare and Medicaid fraud. The U.S. Justice Department (DOJ) relies on health care insiders to identify false claims before federal investigators could possibly discover the wrongdoing. In addition, the federal False Claims Act includes qui tam provisions that empower informants to file a claim in court for the...

February 7, 2014 February 7, 2014 — The investing public has a right to trust that an audit performed by one of the country’s major accounting firms is unbiased. When accounting firms have an improper financial interest in the companies they audit, however, objectivity is not possible. To redress this problem and others that affect the quality of information available to investors, the Dodd-Frank Wall Street...

February 6, 2014 February 6, 2014 — The U.S. Foreign Corrupt Practices Act (FCPA) targets multinational corporations that increase their profits abroad with illegal bribes to foreign government officials. When companies rely on pay-offs to secure overseas contracts, they create an uneven marketplace and undermine fair competition. To discourage foreign bribery, the Dodd-Frank Wall Street Reform and Consumer...

February 4, 2014 February 4, 2014 — Dental Medicaid fraud robs the American taxpayers of millions in tax dollars. Under the False Claims Act, dental practice insiders are empowered to bring a whistleblower claim on the government’s behalf to stop Medicaid fraud. The qui tam provisions of the Act provide tipsters with a significant share of the government’s recovery. Dental Office Employee Submitted False...