By Steve Kardell | Published May 19, 2022 | Posted in Whistleblower Litigation | Tagged Tags: CFTC, CFTC Whistleblower Program, whistleblower award |
Whistleblower Earns Approximately $10 Million in Award from CFTC
The Commodity Futures Trading Commission (CFTC) recently announced an award of approximately $10 million to a whistleblower who provided unique information that prompted the opening of a CFTC investigation. The whistleblower provided this information at the earliest possible stages of the investigation, and further assisted the organization in later stages with supplementary information. Representatives from Read More
Read MoreRecapping 2021 for the CFTC’s Whistleblower Program
The Commodity Futures Trading Commission (CFTC) Whistleblower Program had a banner year in 2021, with its record-setting $200 million whistleblower award serving as the headline for the year. There were plenty of other noteworthy awards issued that year, though, all of which demonstrated the agency’s commitment to protecting and rewarding whistleblowers who provide original, high-quality Read More
Read MoreSEC Issued 11 Whistleblower Awards in January Alone
January was a busy month for the U.S. Securities and Exchange Commission. According to the agency, it issued 11 whistleblower awards in the first month of 2022. This year marks the 10th anniversary of the first whistleblower awards issued in the SEC’s whistleblower program in 2012. Since the program was founded it has awarded $1.2 Read More
Read MoreNHTSA Issues First Ever Whistleblower Award
There is an increasing number of options for whistleblowers to submit information to the federal government and share in recovery money. The National Highway Traffic Safety Administration (NHTSA) recently joined organizations like the SEC and CFTC when it issued its first whistleblower award. The administration gave out more than $24 million to a whistleblower who Read More
Read MoreWhistleblower Receives Award of More Than $2 Million from the SEC
The U.S. Securities and Exchange Commission (SEC) recently awarded a whistleblower more than $2 million for disclosures that resulted in successful enforcement actions by both the SEC and the U.S. Department of Justice (DOJ). The whistleblower had previously received an award in connection to SEC covered action. The new $2 million award was based on Read More
Read MoreJoint SEC Whistleblowers Share Award of More Than $6 Million
The U.S. Securities and Exchange Commission (SEC) recently announced an award of more than $6 million to be shared by a pair of whistleblowers who provided the agency with information that led to a successful enforcement action, and related actions by other government agencies. According to the SEC, the substantial assistance provided by the whistleblowers Read More
Read MoreWhat You Need to Know About Filing an SEC Whistleblower Claim
The U.S. Securities and Exchange Commission’s (SEC) whistleblower program gives would-be tipsters an opportunity to earn a significant amount of money for reporting unique and actionable information on fraud and other wrongdoing in their companies or government agencies. Most recently the organization paid out $50 million to a pair of financial whistleblowers, but there have Read More
Read MoreCFTC Hands Out $45 Million Award to Group of Whistleblowers
The Commodity Futures Trading Commission (CFTC) recently awarded a group of whistleblowers more than $45 million for helping the agency identify fraudulent activity. Representatives of the CFTC said that this extraordinarily high payout, which represents a substantial increase from the awards granted in past years that tended to be smaller in scope, are evidence the Read More
Read MoreInsurance Company Sued by Los Angeles Hospital Over $42 Million Whistleblower Settlement
A now-closed hospital in Los Angeles filed a lawsuit against its insurance provider, alleging a denial of coverage to the facility while the hospital was publicly criticized for alleged illegal referral agreements. The case stems from a whistleblower lawsuit filed in 2013 by Paul Chan against Pacific Alliance Medical Center (PAMC) under the False Claims Read More
Read MoreAdministrative Review Board Upholds $1.1 Million Maritime Whistleblower Award
The U.S. Department of Labor’s Administrative Review Board (ARB) decided to uphold a $1.1 million whistleblower award issued to a ship captain who lost his job after reporting safety violations on his vessel. The captain, John Loftus, filed a whistleblower lawsuit against Horizon Lines, Inc., his former employer, under the Seaman’s Protection Act. In the Read More
Read More
