Category: Whistleblower Fraud

ATTORNEY NEWSLETTER Failure to Disclose as Securities Fraud Recently the Securities and Exchange Commission (SEC) reached a $35 million settlement with Altaba Inc. for alleged securities fraud[1].  For those of you that don’t know, Altaba is the old Yahoo!. Previously, the SEC charged the company with failure to investors of […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Whistleblower Program Futures and derivatives trading played a major part in this country’s financial crisis of 2008. Some of that trading was based on misrepresentations and fraud.  The Commodity Futures Trading Commission (CFTC) oversees futures, options, currency and derivatives trading in the United States […]

ATTORNEY NEWSLETTER Securities and Exchange Commission Whistleblower Program When Congress included whistleblower provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”), the program faced considerable opposition. Many large banks and companies, along with the Chamber of Commerce, argued that it would cut against existing compliance efforts and provide an […]

ATTORNEY NEWSLETTER Physician Groups Settle Whistleblower Case for $33 Million False Claims Act Suit Whistleblower/qui tam cases brought under the federal False Claims Act (FCA) often involve false claims for payment under government programs like Medicare and Medicaid. In a recent $33 million settlement announced by the Department of Justice, […]

ATTORNEY NEWSLETTER Fraudulent Ambulance Charges Uncovered False Claims Act Suit Whistleblower/qui tam cases brought under the federal False Claims Act (FCA) typically involve direct, illegal claims for reimbursement or fraudulent billing under government programs such as Medicare and Medicaid.  A recent case involved the alleged practice of “up coding,” where […]

ATTORNEY NEWSLETTER Attorney General Charges Over 400 in Huge Fraud Case Justice Department Cracks Down on Medicare Fraud Attorney General Jeff Sessions announced today that over 400 physicians, nurses, and other healthcare professionals in 20 different States were being charged in a string of healthcare fraud cases. The cases entail […]

ATTORNEY NEWSLETTER Ninth Circuit Reinstates Whistleblower Case False Claims Act Suit Recently, the Ninth Circuit reinstated all claims of a whistleblower (also called a “relator” in some whistleblower/qui tam cases) brought under the federal False Claims Act (FCA) against Gilead Sciences, Inc., the large pharmaceutical company. The lawsuit alleges non-compliance […]

IRS Rewards Whistleblowers IRS Pays Whistleblowers to Turn in Tax Cheats Since the passage of the Tax Relief and Health Care Act of 2006, the Internal Revenue Service (IRS) has rewarded thousands of Americans for original information on tax cheats. In its first decade, the whistleblower program helped the IRS […]

The Securities Exchange Commission (SEC) governs the securities law and how stocks and securities are traded and handled in the country’s economic market. Any violations are strictly governed by the SEC and the Commodity Futures Trading Commission (CFTC) and can be penalized with sanctions, fines and even charges.

Hundreds of thousands of people rely on Medicare and Medicaid programs for their health care needs. As the country continues to adapt to new health care laws and insurance coverage requirements and options, these programs are struggling with fraudulent claims and activities from outside clients who utilize their services, as […]