News

On January 18, President-elect Joe Biden announced Gary Gensler as his nomination to be the next Chairman of the U.S. Securities and Exchange Commission (SEC). Gensler, the former Chairman of the Commodities Futures Trading Commission (CFTC), “is expected to take...

Insitu Inc. (Insitu), a wholly owned subsidiary of The Boeing Company, has agreed to pay $25 million to settle whistleblower claims that they knowingly misrepresented the costs of building and operating Unmanned Aerial Vehicles (UAVs) under contracts with several branches...

On December 21, 2020, a Department of Labor (DOL) Administrative Law Judge awarded a whistleblower $500,000 in compensatory damages and found that Delta Air Lines (Delta) violated the whistleblower protection provision of the Wendell H. Ford Aviation Investment and Reform...

On January 14, the U.S. Securities and Exchange Commission (SEC) announced a $600,000 whistleblower award issued to an individual whose disclosures and assistance helped lead to a successful SEC enforcement action. With this award, the SEC Whistleblower Program surpassed last...

Vivint Smart Home Inc. (Vivint), a company that makes and installs smart home technology such as security systems and smart home automation systems, has agreed to pay the government $3.2 million for alleged violations of the Financial Institutions Reform, Recovery,...

On January 11, Secretary of State Mike Pompeo gave a speech to employees of the Voice of America (VOA) news service that was broadcast live, worldwide, through VOA channels. Prior to the speech, a group of anonymous whistleblowers within VOA...

A whistleblower will receive $480,000 after suing Grand Traverse Country, Michigan, for violating the Whistleblower Protection Act, according to a January 6 article in the Traverse City Record-Eagle. The whistleblower's lawyer is satisfied with the conclusion of the case but...

On January 7, Taiwan’s Financial Supervisory Commission (FSC) announced amendments to its “Directions for Encouraging the Public to Report Illegal Financial Activities by the Financial Supervisory Commission.” The amendments substantially increase the monetary amount of rewards available to whistleblowers who...

President-elect Joe Biden has nominated former diplomat William J. Burns to head the Central Intelligence Agency (CIA) under the new administration, according to a January 11 press release from the Biden-Harris Transition Team. Burns has worked as an American diplomat...

On January 8, the U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC) announced charges against Deutsche Bank for violations of the Foreign Corrupt Practices Act (FCPA). Deutsche Bank allegedly made corrupt payments and bribes to third-party intermediaries...