Investment Advisors Pay $400,000 in Civil Penalties to Settle AI Fraud Case
On March 18, 2024, Delphia Inc. and Global Predictions Inc. paid $400,000 in civil penalties to settle SEC charges related to the two investment advisers
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
Young Law Group Achieves $475 Million Settlement with Big Pharma Opioid Company
On February 28, 2024, opioid manufacturer, Endo Health Solutions Inc. (“Endo”), agreed to pay $475 million to settle U.S. v. Endo Int’l plc, Case No.
Yakima Pays $3 Million for Violating Fair Trade Rules
On January 31, 2024, the United States Attorney’s Office of the Western District of Washington announced that Yakima Products, Inc. agreed to pay $3 million
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
Endo Pharmaceuticals Part of in $475M DOJ Settlement for Opioid False Claims Act Case filed by Young Law Group
Eric L. Young from Young Law Group, P.C. (YLG), representing an anonymous whistleblower, disclosed today that Endo Health Solutions, Inc. (“Endo”), has agreed to a
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,
JP Morgan Fined $18M by SEC for Whistleblower Violations
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
Anti-Kickback Statute Violations: Nonprofit Health System Settles Allegations of False Claims Act, Pays $47.1 million
In December 2023 ChristianaCare, a nonprofit health system, agreed to pay $47.1 million in order to settle a Qui Tam case brought forth by Ronald
BCSC Whistleblower Program to Combat Investment Fraud and Market Misconduct
The British Columbia Securities Commission (BCSC) will now reward individuals who provide valuable information regarding investment fraud and other serious market misconduct. The whistleblower awards, ranging from
SEC Whistleblower Program Fiscal Year 2023 Enforcement Successful
SEC Whistleblower Program Success The Securities and Exchange Commission announced that they filed a total of 784 enforcement actions, a 3 percent increase compared to the
Nurse Practitioner Found Guilty in $200M Healthcare Fraud Scandal
A Nurse Practitioner has been convicted due to her involvement in a health care fraud scandal totaling over $200 million, according to a report from
CFTC Whistleblowers Awarded $15 million
CFTC Whistleblower Program Success The CFTC has recently awarded two whistleblowers a total of $15 million for their invaluable information and assistance, leading to successful
Top 12 Movies About Whistleblowers: Lessons for All
Top 12 Movies About Whistleblowers Whistleblowers are individuals who, despite the risk of retaliation, speak up against illegal, immoral, or unethical practices. Whistleblowers are often
U.S. Government Settles Customs Fraud Lawsuit Against International Vitamins Corporation
Customs Fraud Lawsuit Settles The U.S. government has settled a customs fraud lawsuit against International Vitamins Corporation (IVC), a domestic company that imports vitamins and
Pharmacy Manager Guilty in $54M TRICARE Bribery Case
A man from Florida was found guilty by a federal jury for his involvement in a $54 million TRICARE bribery and kickback scheme. TRICARE is a
Watermark Retirement Communities LLC Pays $4.25 Million for Retirement Home False Claims Act Violations
Retirement Home False Claims Act Violations Watermark Retirement Communities LLC, a senior living community operator, paid $4.25 million to settle allegations that it violated the
Goldman Sachs Under Fire: CFTC Whistleblower Office Posts Notice for Record keeping Violations
The Commodity Futures Trading Commission’s (CFTC) Whistleblower Office released a Notice of Covered Action (“NCA”) on August 31st pertaining to an enforcement action levied against Goldman