Financial Fraud Law

Recent Posts

Final Four in Financial Fraud Law’s Top 10 of the Year Is Coming Next Week!
Posted on 27 Dec 2013 by Steven A. Meyerowitz

The Financial Fraud Law Blog Top 10 countdown is nearing conclusion. You already have seen our picks for #10 down through #5, which we summarize below. Stay tuned for the final four picks, coming right after the New Year! We wish all of the readers... Read More

New York City Settles Whistleblower Suit Over Medicaid Claims for Psychological Services for Special Education Students
Posted on 15 Jan 2014 by Steven A. Meyerowitz

The federal government and the City of New York have settled the case of Ohlmeyer ex rel. United States of America v. City of New York , a whistleblower action brought pursuant to the qui tam provisions of the federal False Claims Act. In its civil... Read More

Whistleblowers Gain Broad Protection in New US Supreme Court Ruling
Posted on 4 Mar 2014 by Steven A. Meyerowitz

The U.S. Supreme Court has ruled that a provision of the Sarbanes-Oxley Act of 2002 (“SOX”) that protects whistleblowers protects not only whistleblowers employed by a public company but also employees of privately-held contractors and sub... Read More

‘Maybe Just Whistle’: #7 in Financial Fraud Law for the Year
Posted on 26 Dec 2013 by Steven A. Meyerowitz

“You know you don’t have to act with me, Steve. You don’t have to say anything, and you don’t have to do anything. Not a thing. Oh, maybe just whistle. You know how to whistle, don’t you, Steve? You just put your lips together... Read More

Whistleblower Nets $1.1 Million in False Claims Act Case against Bristol-Myers Squibb
Posted on 18 Mar 2014 by Steven A. Meyerowitz

New York has reached a $6.2 million settlement of a whistleblower case alleging that a medical imaging company that made millions of dollars’ worth of sales in New York knowingly evaded New York State and New York City taxes. The whistleblower... Read More

US Government Sues Kellogg, Brown & Root Services, Alleging Kickbacks and False Claims Relating to Iraq Support Services Contract
Posted on 27 Jan 2014 by Steven A. Meyerowitz

The U.S. government has filed a complaint against Kellogg, Brown & Root Services Inc. (KBR) and Kuwaiti companies La Nouvelle General Trading & Contracting Co. and First Kuwaiti Trading Co. for allegedly submitting false claims in connection with... Read More

The Most Ethical Workers in the US May Be … Construction Workers, Report Finds
Posted on 20 Nov 2013 by Steven A. Meyerowitz

U.S. construction industry employees are more at risk for facing workplace ethics issues, but they also are more willing to blow the whistle on misconduct than employees in other industries, according to a report from the Ethics Resource Center (ERC)... Read More

Whistleblowers Received $14.8 Million from the SEC in 2013
Posted on 6 Dec 2013 by Steven A. Meyerowitz

Whistleblowers received $14,831,965 64 in payments from the Securities and Exchange Commission during fiscal year 2013. The SEC’s whistleblower program, now in its third year of operation, was designed to incentivize individuals to provide the... Read More

Whistleblower to Receive $63.9 Million in JPMorgan Mortgage Loan Case
Posted on 10 Mar 2014 by Steven A. Meyerowitz

As readers of the Financial Fraud Law Report and the Financial Fraud Law Blog certainly recall, JPMorgan Chase settled a couple of big, big Madoff-related cases some weeks ago, reaching a $2.05 billion settlement with federal prosecutors over its failure... Read More

$300 Million Tax Fraud Suit Against Sprint-Nextel May Proceed, Appeals Court Rules
Posted on 28 Feb 2014 by Steven A. Meyerowitz

A first-of-its-kind lawsuit against Sprint-Nextel Corporation, alleging that it deliberately undercollected and underpaid millions of dollars in New York State and local sales taxes on flat-rate access charges for wireless calling plans, may continue... Read More