whistleblowers News

Danske Bank’s Money Laundering Could Implicate Other Banks: Whistleblower Lawyer

Danske Bank’s 200 billion euro ($225 billion) money laundering scandal might be the “tip of the iceberg” and investigators should examine whether major Western banks played a role, a lawyer for the whistleblower said. Stephen Kohn, a partner at U.S. …

Justice Department Seeks Dismissals of ‘Meritless’ Whistleblower Suits

The U.S. Justice Department has issued a memo that lawyers say could result in fewer whistleblowers being allowed to pursue lawsuits on the agency’s behalf against companies accused of defrauding the government. The Jan. 10 memo, reviewed by Reuters, advised …

UK Insurers & Banks Must Appoint Whistleblower ‘Champion’ in UK Rules

UK banks and insurers must appoint a senior manager to “champion” internal whistleblowers as regulators attempt to protect tipsters who come forward with evidence of illegal conduct. The U.K. Financial Conduct Authority and Prudential Regulation Authority published the rules Tuesday, …

U.S. Appeals Court Rules for Whistleblowers in State Farm Katrina Fraud Case

Whistleblowers who sued State Farm Fire and Casualty Co. can seek more evidence of fraud against the U.S. government after 2005’s Hurricane Katrina, a federal appeals court ruled July 13. In its decision, the New Orleans-based 5th U.S. Circuit Court …

Internal Corporate Whistleblowers Swayed by Protections, Not Pay: Study

Offering monetary incentives does not necessarily influence whistleblowing behavior and might even discourage internal reporting, according to new research. Researchers at North Carolina State University and Bucknell University found that while strong anti-retaliation policies can encourage employees to notify internal …

Report Lists Indiana’s Workplace Safety Problems

Federal investigators say Indiana’s workplace safety agency mishandled complaints, put its inspectors under strict time constraints and didn’t help whistleblowers. The federal Occupational Safety and Health Administration in a report released Wednesday made 22 recommendations for improvement at the Indiana …

Supreme Court to Hear Mutual Fund Whistleblower Case

In a case involving whistleblowers at Fidelity Investments, the U.S. Supreme Court on Monday agreed to consider whether mutual fund employees are subject to the same whistleblower protections as workers at publicly traded companies. Two Fidelity whistleblowers asked the court …

Federal Aviation Safety Regulators Ignore Whistleblowers: Watchdog

The Federal Aviation Administration has repeatedly dragged its feet in responding to whistleblower complaints about safety problems and stronger oversight of air safety is needed, a government watchdog said. Special Counsel Carolyn Lerner, whose job is to protect from retaliation …

Businesses Oppose Proposed Ohio Fraud Legislation

Some Ohio businesses are opposing a bill backed by the attorney general that would create tougher penalties on fraud and give whistle-blowers a slice of the damages or repayments. The proposed legislation, known as the Ohio “false claims act” in …

Whistleblowers Earn a Record $532 Million in 2011

Whistleblowers earned more than $532 million in 2011 through lawsuits alleging fraud against the U.S. government, a record for such payouts, according to a law firm study published on Friday. Private parties suing on the behalf of the government collected …