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Cambridge Analytica announced Wednesday that its parent group, SCL, has filed applications to begin insolvency proceedings in the UK and will be ceasing all operations. The political consulting firm is also planning to begin bankruptcy proceedings in the U.S. The company reportedly made the decision because it was losing clients and has to pay soaring legal fees as a result of allegations that it improperly accessed Facebook data.

The Securities and Exchange Commission today announced the unsealing of fraud charges against a Mississippi company and its principal who allegedly bilked at least 150 investors in an $85 million Ponzi scheme. The defendants agreed to permanent injunctions, an asset freeze, and expedited discovery.

The Panasonic parent company, in a settlement announced Monday, will pay $143 million in disgorgement to the Securities and Exchange Commission, while Panasonic Avionics Corp. agreed to pay about $137 million in penalties to the Justice Department for violations of the accounting provisions of the Foreign Corrupt Practices Act.

As someone who has just made legal history as an international whistleblower, Andrew Patrick perhaps rightly believes he has a message that British employers should heed.

The Malaysian prime minister, Najib Razak, has insisted there was no wrongdoing in the 1MDB scandal and instead blamed a "problematic business model" for the billions of dollars that went missing from a government investment fund.

Christopher Wylie, the whistleblower source who revealed more about Cambridge Analytica's harvesting of Facebook data to the news media, says he hopes Democratic lawmakers he met with Tuesday will investigate the company.

Gary Gensler, the former chairman of the Commodity Futures Trading Commission, said that government officials should take a closer look at the largest coins by market capitalization, not just at tokens sold in ICOs. Ethereum's Ether and Ripple's XRP could probably be classified as securities, Gensler said.

The recent whistleblowing case at Barclays is likely to cost the bank's boss Jes Staley up to &pound1m in fines and bonuses after he broke the rules by trying to unmask the person who made the claims.

U.S. Supreme Court justices on Monday appeared divided over a challenge to the constitutionality of the Securities and Exchange Commission's selection of in-house judges to enforce investor protection laws in a case involving a former radio host and investment adviser backed by the Trump administration.

A group of cancer doctors focused on bringing down the cost of treatments by testing whether lower — and cheaper — doses are effective thought they had found a prime candidate in a blood cancer drug called Imbruvica that typically costs $148,000 a year.

The Supreme Court's order came in a whistleblower lawsuit accusing Gilead of making false statements about its compliance with federal regulations in connection with HIV drugs it makes.

The European commission will next week propose legislation that intends to protect whistleblowers. Recent scandals have exposed the limited help available for people seeking to expose corporate behaviour in the public interest.

The Securities and Exchange Commission today announced a whistleblower award of more than $2.1 million to a former company insider whose information led to multiple successful enforcement actions. The whistleblower's information strongly supported the findings in the underlying actions and the whistleblower provided ongoing assistance to the staff during the investigation.

Victims of Bernard L. Madoff, the architect of one of Wall Street's largest frauds, will receive another $504 million, proceeds from assets that the government seized after Mr. Madoff's financial firm collapsed a decade ago.

A tip-off from a whistleblower is believed to have sparked a raid on 21st Century Fox by the European Commission and the Competition and Markets Authority.

Uber Whistleblower Susan Fowler On What Every Company Should Do To Stop Harassment - Susan Fowler rocked the tech world with her 2,900-word essay last February about her experience of sexism and harassment at her former employer Uber.

The top U.S. watchdog for consumer finance is seeking a record fine against Wells Fargo & Co that could exceed several hundred million dollars for auto insurance and mortgage lending abuses, according to three sources with knowledge of the plans.

It says a McKesson subsidiary violated the federal False Claims Act by selling the medication, providing kickbacks by offering the pooled drugs at a discount and repackaging them under non-sterile conditions. That left the drugs open to contamination that could have harmed patients, the lawsuit claims.

The Securities and Exchange Commission today announced a whistleblower award of more than $2.2 million to a former company insider whose tips helped the agency open an investigation that led to an enforcement action. The whistleblower first reported the information to another federal agency and later provided the same information to the SEC.

A Chinese-born executive pleaded guilty on Wednesday in New York to three criminal counts in connection with a U.S. bribery probe involving a former U.N. General Assembly president.