Search Site
Menu

FCA Whistleblowers Received Lowest Total Awards in More than a Decade

The federal whistleblower programs at the Securities and Exchange Commission (SEC) and Commodities and Futures Trading Commission (CFTC) have been the subject of quite a bit of praise for their effectiveness, and it’s easy to see why; the agencies’ programs have taken off in a big way over the last several years, and both achieved record numbers in the 2021 fiscal year.

However, False Claims Act whistleblowers actually received the lowest total amount of money in a single year since 2008. They received just $237 million in fiscal year 2021.

The Department of Justice (DOJ) says that despite the decline in payments, the DOJ is still committed to whistleblowers and rewarding them to the fullest extent possible. There were a total of 598 qui tam suits brought in the 2021 fiscal year, approximately 11 new cases per week. There were more than $1.6 billion in settlements and judgments stemming from those cases.

Filing qui tam cases

The reward provisions of the False Claims Act state that if whistleblowers’ original information results in sanctions against an entity they are eligible to receive 15 to 30 percent of the proceeds collected by the government.

The record amount paid out to whistleblowers in FCA cases was in 2014, when the DOJ paid $715 million to whistleblowers and recovered more than $4.4 billion. The amount paid to whistleblowers has been in decline since that year, and hasn’t paid more than $500 million since 2017.

To learn more about how to file a False Claims Act case and the steps you should follow to get started, contact an experienced whistleblower lawyer at Kardell Law Group.

Honors
Our Office
  • Dallas Office
    4514 Cole Ave
    #600
    Dallas, Texas 75205
    Phone: 214-306-8045
    Fax: 469-729-9926
Testimonials
  • "Steve Kardell was terrific in representing me in some very adversarial discussions with Citigroup and also later represented me in my testimony before the Financial Crisis Inquiry Commission."  -Richard Bowen, Citigroup Whistleblower

  • "Incredible knowledge of employee related concerns and equally brilliant knowledge of health care regulations, standards of practice. I would recommend this firm to anyone."  -V.B.

  • "Reaching out to Steve Kardell was the best decision I made. His ability to provide immediate insight and direction was very powerful, and a huge relief during a very stressful time period. For anyone struggling with a whistleblower situation, I would highly recommend at least speaking with Steve. After a 10 minute call with him, I had a better understanding of what I was dealing with. Even better, he gave me some immediate hope. In the end Steve did a better job than I thought was possible. Steve was able to get in contact with people in my organization, that I didn’t have access to. Because of his years of experience, he already has contacts in many organizations in Dallas. The entire situation was handled peacefully. I was impressed by his ability to “keep the peace”–rather than creating a battle with the organization. The reason I didn’t reach out to a lawyer initially, was because I thought it would mean an immediate end to any hope of a positive relationship with the company. Steve was able to address my concerns, and in the end I was able to continue to work for them."  -KS

  • "Never thought my career would end like it did after 30 years of service. I was part of the first round of the so called reduction of force. I asked myself how can I be part of this with 30 years of seniority. How did they pick these 90 plus employees? Now, the culture of this organization made you question every decision they made. It wasn’t what you knew it’s was a culture of who you know. Nonetheless, I did not accept their severance package. I immediately starting looking for an attorney who would take on my case. After the initial call to Steve I had hope again. He was open and honest about everything and reassured me he would do his best for me, and he did. I had an awesome outcome. Thanks Steve you’re the best."  -S.S.

FOLLOW US
Facebook Twitter Linkedin RSS Feed JD Supra