Category: News

TIAA whistleblower fraud

Young Law Group Secures Multi-Millon Dollar Reward for SEC Whistleblower Client In $97 Million Enforcement Action Against TIAA-CREF Subsidiary for Violations in Retirement Rollover Recommendations 

Young Law Group, PC, announced today that it has secured a multi-million-dollar award on behalf of a whistleblower client resulting from the Securities and Exchange Commission’s $97 Million enforcement action against TIAA-CREF Individual & Institutional Services LLC, a subsidiary of Teachers Insurance and Annuity Association of America (TIAA).    The SEC whistleblower case alleged that from...
Read More
Digital legal scale representing Crypto Fraud Lawyers

SEC Charges CryptoFX for $300 Million Ponzi Scheme

On March 14, 2024, the Securities and Exchange Commission (SEC) and their crypto fraud lawyer team charged 17 CryptoFX employees for allegedly carrying out a $300 million Ponzi scheme that focused on defrauding the Latino community and impacted more than 40,000 investors. These charges came after the SEC had already issued an emergency action in...
Read More
Rendering of a gavel on top of a motherboard, representing settlement in Booz Allen whistleblower case

Booz Allen Whistleblower Case Settled for $377.45 Million

Booz Allen Whistleblower Case: Uncovering Government Overcharging On July 21, 2023, Booz Allen Hamilton Holding Corporation (Booz Allen) agreed to pay $377.45 million to settle claims that the company billed the government and thus used taxpayer dollars for costs associated with non-government related work. The settlement in this Booz Allen whistleblower case is notably one...
Read More
The Supreme Court against a blue sky with clouds, representing the supreme court whistleblower

Big Supreme Court Whistleblower Ruling Redefines Retaliation Claims

On February 8, 2024, a Supreme Court whistleblower decision was issued on Murray v. UBS Securities, LLC, No. 22-660, siding with the whistleblower, Trevor Murray, and rejecting the Second Circuit’s assertion that a whistleblower needs to demonstrate that their employer had “retaliatory intent” to receive protections under the Sarbanes Oxley Act.  The Sarbanes Oxley Act...
Read More
JP Morgan Penalized $18 Million by Whistleblower Securities and Exchange Commission for Violating Protection Law

JP Morgan Penalized $18 Million by Whistleblower Securities and Exchange Commission for Violating Protection Law

On January 16, 2024, The Whistleblower Securities and Exchange Commission (SEC) reported that JP Morgan agreed to pay 18 million dollars in order to settle charges brought against them for interfering with brokerage customers and advisory clients’ ability to act as whistleblowers and inform the SEC of possible securities law violations.  Specifically,  from March 2020...
Read More