Want reports of possible violations to go through compliance departments first, then the SEC; Dems say that’s backwards
Read more: http://www.investmentnews.com/article/20110512/FREE/110519972?template=printart
Verizon, one of America’s largest mobile carriers, settled allegations stemming from a False Claims Act case that it overcharged the federal government. The settlement will cost Verizon a total of $93.5 million. The whistleblower, Stephen Shea, filed the case in 2007, but it has been under seal until early April 2011.
A former VP and associate general counsel for GSK, is back in the courthouse. After being indicted for obstructing an official proceeding, concealing and falsifying records and making false statements to the FDA back in November 2010, she was able to get the charges dismissed because prosecutors “misinstructed” a grand juror as to a question about a central legal point. However, the judge’s dismissal left open the possibility of re-indicting Ms. Stevens. This has now happened.
Read more: http://www.modernhealthcare.com/article/20110414/NEWS/304149960/&cslet=UnhOY2lLWDlLL09ZK2lzMW9hV25UdkJ2cCtycXVHUE8=
With all the focus on nuclear plants from the recent earthquake and tsunami in Japan, a whistleblower at one of California’s nuclear plants has stepped forward with claims of retaliation after reporting safety concerns.
With increasing drug violence, the Mexican Attorney General’s office is instituting a new program for whistleblowers on money-laundering. The whistleblowers stand to collect up to one fourth of the total recovery.
Read more: http://www.reuters.com/article/2011/04/06/mexico-whistleblower-idUSN0620658120110406