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What Colorado's New False Claims Act Means for Whistleblowers

Cases of state and local government fraud can be an expensive drain on taxpayer money. While federal cases of healthcare fraud and tax evasion often receive more media attention, state government funding may also often be abused by scam artists. ....

United States , Jared Polis , Mike Weissman , Matt Gray , Tycko Zavareei , Lincoln Administration , Colorado False Claims , History Behind , Colorado False Claims Act , Representative Matt Gray , Representative Mike Weissman , Senator Faith , Federal False Claims , False Claims Act , American Civil , New Jersey , Whistleblower Law , Whistleblower Defense , Jared Polis , Corporate Fraud , Healthcare Fraud , Big Pharma ,

Review of the SEC Whistleblower Program: At the Crossroads of Securities Law and Whistleblower Protection | Proskauer - Corporate Defense and Disputes


another record-breaking year. In the
first 8 months of FY2021, the SEC has granted an additional $339 million to 57 individuals. This represents more than a third of the total $901 million awarded to 163 separate individuals since the SEC issued its first award pursuant to this program in 2012. This includes an award of $114 million in October 2020, the largest single award in the program’s history, which was covered in this recent post.
It’s sometimes difficult to get a sense of what warrants these large awards. Typically, publicly available orders relating to whistleblower awards are heavily redacted, especially the subject matter underlying the whistleblower tip and alleged misconduct. However, at the end of each month, the SEC publishes Notices of Covered Action (“NoCA”) for every SEC enforcement action that results in monetary sanctions of over $1 million by a final judgment or order, by itself or together with other judgments or orders in the same action. In ....

Exchange Commission , Dodd Frank Whistleblower Program , Dodd Frank Wall Street Reform , Consumer Protection Act , Dodd Frank Whistleblower , Covered Action , Whistleblower Defense , Corporate Dispute , பரிமாற்றம் தரகு , டாட் வெளிப்படையான விசில்ப்ளோவர் ப்ரோக்ர்யாம் , டாட் வெளிப்படையான சுவர் தெரு சீர்திருத்தம் , நுகர்வோர் ப்ரொடெக்ஶந் நாடகம் , மூடப்பட்ட நடவடிக்கை , விசில்ப்ளோவர் பாதுகாப்பு , பெருநிறுவன தகராறு ,