On October 10, the U.S. Securities and Exchange Commission (SEC) issued a $12 million award to three joint whistleblowers who voluntarily provided the agency with original information that led to a successful enforcement action. Through the SEC Whistleblower Program, qualified...
In recent years, the IRS Whistleblower Program has faced criticism for falling award payouts and lengthy processing times. While meager annual award payouts hovered around $37 million throughout 2021 and 2022, the average time to process an award soared to...
On October 1st, the law firms of Kohn, Kohn & Colapinto and Zerbe, Miller, Fingeret, Frank & Jadav, working together at the Tax Whistleblower Attorney Group (TWAG), announced that two tax whistleblower awards totaling over $14.3 million were paid to...
leading whistleblower law firm Kohn, Kohn & Colapinto (KKC) announced its new Securities and Commodities Whistleblower Practice Group. This group is co-chaired by Former Securities and Exchange (SEC) Commissioner Allison Herren Lee and former SEC Enforcement Attorney Andrew Feller.
On August 30, the United States Court of Appeals for the Fifth Circuit ruled in Barr v. SEC, that two whistleblowers are not eligible to receive whistleblower awards based on proceeds collected by the government in a voluntary bankruptcy proceeding. ...
On September 17, the Senate Committee on the Judiciary’s Subcommittee on Privacy, Technology, and the Law held a hearing titled “Oversight of AI: Insiders’ Perspective.” Led by committee chair Senator Richard Blumenthal (D-CT), the hearing sought to understand how and...
On September 18, the Washington Post reported that three anonymous whistleblowers were awarded $74 million by the Internal Revenue Service (IRS) for providing information about a large-scale tax evasion scheme which led to the IRS recovering $263 million from a...
On September 11, the Internal Revenue Service (IRS) Whistleblower Office announced that the Initial Claim Evaluation (ICE) team from the Small Business/Self-Employed Division (SB/SE) had joined the Whistleblower Office as part of its new organizational structure. The restructuring is part...
On September 5, the U.S. Securities and Exchange Commission (SEC) announced that a broker-dealer and two affiliated investment advisers agreed to pay $240,000 to settle charges that they violated a whistleblower protection rule through the use of restrictive language in...
On September 5, the whistleblower law firm Kohn, Kohn & Colapinto (KKC) announced that former Securities and Exchange Commission (SEC) enforcement attorney Andrew Feller was joining the firm as Senior Special Counsel. According to KKC, Feller will “be a key advocate...
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