On June 30, the U.S. Securities and Exchange Commission (SEC) issued a Notice of Covered Action regarding the recent approximately $500 million settlement with an Oregon investment group. Aequitas Management LLC (Aequitas) and four affiliates settled SEC charges that they...
On July 1, Novartis Pharmaceuticals Corporation agreed to pay $642 million to settle a False Claims Act case brought by a whistleblower. The federal government claims that Novartis knowingly committed two kinds of fraud: first, that they funneled money through...
Problems at the U.S. Merit System Protection Board (MSPB), recently highlighted by CBS News’ 60 Minutes, are only part of the problem with the troubled federal agency. The 60 Minutes report focused on the Board’s lack of quorum since January 2017,...
On June 30, the U.S. Securities and Exchange Commission (SEC) posted a Notice of Covered Action regarding action against Florida-based stock promoter Brian Robert Sodi. The SEC settled charges that stem from Sodi’s central role in a penny stock scalping...
The Occupational Safety and Health Administration (OSHA) of the U.S. Department of Labor ordered Norfolk Southern Railway Corp. to reinstate and pay an employee more than $150,000 in backpay for retaliation for reporting an “on-the-job injury.” OSHA announced the order...
On June 18, the New York Post reported that a teacher at a New York City high school is in danger of being fired after speaking out about misconduct. Mark Paperno, a science teacher, sued the NY Department of Education...
On June 26, the U.S. Attorney's Office for the Northern District of California announced multiple criminal charges against venture capitalist Michael Rothenberg. Rothenberg, who was well known in the tech world for his lavish parties, allegedly defrauded his investors of...
On June 30, the U.S. Securities and Exchange Commission (SEC) issued a Notice of Covered Action regarding action against the investment adviser Everest Capital LLC (Everest) and its sole principal, Marko Dimitrijevic. The SEC settled charges of misconduct related to...
The National Health Service Greater Glasgow and Clyde (NHS GGC) health board is set to review whistleblowing procedures, reports the Scottish news outlet The Herald. The review comes on the heels of an independent report published this week about harmful...
On June 30, the U.S. Securities and Exchange Commission (SEC) posted several new Notices of Covered Action. One Notice refers to a case where the SEC and Morningstar Credit Ratings (Morningstar) settled charges that Morningstar violated conflict of interest rules. ...
Subscribe to receive daily breaking news and legislative developments sent to your inbox.
Whistleblower Network News is an independent online newspaper providing our readers with up-to-date information on whistleblowing. Our goal is to be the best source of information on important qui tam, anti-corruption, compliance, and whistleblower law developments.
This Newspaper/Web Site is made available by the publisher for educational purposes only as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this website, you understand that there is no attorney-client relationship between you and the Newspaper/Web Site publisher. The Newspaper/Web Site should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.
Copyright © 2024, Whistleblower Network News. All Rights Reserved.