Monthly Archives: January 2017
SEC Hands Out 36th Whistleblower Award, Worth $3.5 Million
The U.S. Securities and Exchange Commission (SEC) has handed out one of its largest awards under its whistleblower program, worth $3.5 million. The recipient was the 36th whistleblower to receive a monetary award under the program since the agency implemented it in 2011. The recipient of the award provided information that led to a successful […]
Federal Judge Says No to Preliminary Injunction on OSHA Anti-Retaliation Regulations
On November 28, a federal judge in Texas ruled against an injunction that would have prevented a new Occupational Safety and Health Administration (OSHA) anti-retaliation regulation from going into effect. This new regulation requires all employers to provide proper notice to their employees of their right to report any injuries suffered in the scope of […]
Latest SEC Whistleblower Award Worth $3.5 Million
On Monday, December 5, the U.S. Securities and Exchange Commission (SEC) provided a whistleblower with an award worth approximately $3.5 million for providing unique, specific information that led to a successful enforcement action. Two other whistleblowers in the same action had their claims denied. The SEC did not identify the enforcement action or the whistleblowers, […]
New Whistleblower Protection Bill Heads to Oval Office
Back in June 2016, the U.S. Senate passed a bill that would provide greater protections to whistleblowers across the country. The bill is now on its way to desk of President Barack Obama, who’s expected to sign it into law before his time is office ends January 20. If approved, the new law would make […]
What You Should Know About the SEC’s Whistleblower Program
For the past five years, the U.S. Securities and Exchange Commission (SEC) has run a program that offers monetary awards to any individuals who can provide useful information regarding a company’s wrongdoing. If these tips lead to SEC enforcement actions, the whistleblower could earn up to 30 percent of the total sanctions the agency levies […]
Whistleblower Earns $1.9 Million Award in Claim Against CHS
A former executive at a Community Health Systems, Inc. (CHS)-owned multispecialty clinic based in Washington state recently won a $1.9 million award after filing a whistleblower lawsuit against CHS and the clinic at which he worked. According to a report from the Spokesman-Review, former CFO Gregg Becker filed the suit 2012, claiming at the time […]
Important Takeaways from the Most Recent SEC Whistleblower Award
The U.S. Securities and Exchange Commission (SEC) recently issued an award resolving the claims of a pair of whistleblowers based on the same action filed against the same entities. However, while one of these whistleblowers got a $3.5 million payout, the other received nothing. Why exactly was this? First, it is important to consider the […]
OSHA Pilot Program to Allow for Expedited Case Processing
The Western Region of the Occupational Safety and Health Administration (OSHA) has launched its Expedited Case Processing Pilot, which allows whistleblowers to request OSHA to expedite its findings during an investigation. For a complainant’s case to be moved to the Office of Administrative Law Judges in an expedited manner, it must meet all of the […]
Former Ontario Hospital Executive Accused of Ethics Violations
A hospital executive in charge of a large redevelopment project in Ontario, Canada, is accused of several ethics violations, according to a report in The Globe and Mail. Suman Bahl, a former vice president at Markham Stouffville Hospital, allegedly used contractors from the hospital’s redevelopment project to help in the renovation of her personal home. […]
