Blog
SEC Awards Company Outsider Whistleblower More Than $700,000 Jan 15, 2016
The Securities and Exchange Commission (“SEC”) awarded a company outsider more than $700,000 for providing information in a detailed analysis that led to a successful SEC enforcement action. The SEC did not identify the whistleblower or the company that is subject to the enforcement action due to confidentiality protections afforded…
No DoD Contracts for Companies that Restrict Employee Whistleblowers From Reporting Fraud, Waste or Abuse Dec 1, 2015
On October 29, 2015, the Department of Defense (“DoD”) renewed the Defense Federal Acquisition Regulation Supplement (“DFARS”) class deviation or policy implemented in February 2015 which prohibits the DoD from contracting with firms that require their employees or subcontractors to sign or abide by internal confidentiality agreements that would restrict…
Internal Whistleblowers Protected by Dodd-Frank Says Second Circuit Sep 11, 2015
On Thursday, September 10, 2015, a divided Second Circuit reversed and remanded a lower court’s dismissal of a whistleblower retaliation case by a former employee. The Court found that the sections of the Dodd-Frank Act that govern when a whistleblower has to report to the Securities and Exchange Commission (“SEC”)…
Folha de S.Paulo in Brazil Publishes Moss & Gilmore Article on SEC/FCPA Whistleblowing and What Brazilians Can do to Fight Corruption Aug 24, 2015
Click here for link to Portuguese Folha de S.Paulo Article Click here for PDF of Portuguese version of Article Click here for PDF of unedited English version of Article
Moss & Gilmore Whistleblower Settlement: Pediatric Services of America to Pay $6,800,000 to U.S. Government and 17 States to Settle Whistleblower Claims Aug 5, 2015
First Ever Federal and 17 State Whistleblower Settlement Under Affordable Care Act Over Failure to Return Overpayments Within 60 Days Atlanta and New York based Moss & Gilmore LLP announced today that two different Federal Courts in Georgia have approved a joint settlement of two False Claims Act lawsuits against…
SEC Awards More Than $3 Million to Whistleblower Jul 21, 2015
The Securities and Exchange Commission (SEC) recently announced that a whistleblower was awarded more than $3 million for providing assistance and helped the SEC crack a complex fraud. “The award made today is another testament to the agency’s commitment to reward those who provide high-quality information that leads to successful…
Whistleblower Gets 24% ($33.5 Million) Reward from Judge in False Claims Act Case Jul 21, 2015
In a very significant development for False Claim Act whistleblowers, a former sales rep for Endo Pharmaceuticals Inc., Peggy Ryan, was awarded 24% share ($33.5 million) by a Judge in a $140 million False Claims Act ("FCA") settlement on July 15, 2015. The initial whistleblower lawsuit, filed in July 2005, was…
U.S. FILINGS DUE JUNE 30, 2015 BY FOREIGN OWNERS OF U.S. BUSINESS AND U.S. OWNERS OF FOREIGN BUSINESS Jun 24, 2015
The U.S. Bureau of Economic Analysis (BEA), an agency of the U.S. Department of Commerce, has announced updated filing requirements relating to Form BE-10 (Benchmark Survey of U.S. Direct Investment Abroad) and Form BE-13 (Survey of New Foreign Direct Investment in the United States). Form BE-10 The Benchmark Survey of…
SEC's Reg A+ Takes Effect: Not All States Agree Jun 23, 2015
The Securities and Exchange Commission (“SEC”) adopted rule amendments to Regulation A under the Securities Act of 1933 (the “Securities Act”) on March 25, 2015. The final rules and form amendments became effective on June 19, 2015. These new capital raising rules, authorized by the Jumpstart Our Business Startups…
Defense Contractor Pays $7.1 Million Fine for Bribing Kuwaiti Officials Jun 22, 2015
A Florida defense and government contracting company, IAP Worldwide Services Inc. (“IAP” or the “Company”), agreed to pay a $7.1 million penalty to resolve the U.S. Government’s (“Government”) investigation into an alleged conspiracy to bribe Kuwaiti officials in order to secure a government contract. A former vice president of IAP…