Our colleagues Ernest E. Badway, Joshua Horn, and Benjamin H. McCoy have published an alert about the United States Supreme Court’s unanimous ruling narrowing the class of would-be whistleblowers under the Dodd-Frank Act. In the case, announced on February 21, 2018, the Court held that the statute requires whistleblowers to first report potential
The Securities and Exchange Commission today announced an award of more than $4.1 million to an individual who alerted the agency to a widespread, multi-year securities law violation and continued to provide important information and assistance throughout the SEC’s investigation. Today’s award follows the announcement on November 30 that the SEC had awarded more than
Tomorrow morning (November 17) the International Consortium of Investigative Journalists (ICIJ) is set to release publicly the first set of comprehensive data from the recent “Paradise Papers” leak. The initial data will include information on approximately 25,000 offshore entities and trusts registered in more than 30 jurisdictions, primarily from client records of the Appleby law
In order to assist the Internal Revenue Service in processing the mountain of whistleblower claims it is receiving, the Justice Department’s Tax Division has indicated that it is open to receiving certain claims – as long as they are based upon “specific, credible, and solid information” in which the tax amount exceeds $2 million.
Since
