Whistleblower News: SEC Charges Tampa-Based Health Insurance Distributor With Making False Statement, Biogen Agrees To $900M Drug Kickback Settlement On Eve Of Trial, Three Charged In First Ever Cryptocurrency Insider Trading Tipping Scheme

SEC Charges Tampa-Based Health Insurance Distributor and its Former CEO with Making False Statements to Investors


The Securities and Exchange Commission today announced charges against Health Insurance Innovations (HII) and its former CEO Gavin Southwell for concealing extensive consumer complaints about short-term and limited health insurance products HII offered. HII has since changed its name to Benefytt Technologies and become a private company. read more »

Biogen agrees to $900 million drug kickback settlement on eve of trial


Biogen Inc on Wednesday said it had cinched a $900 million deal to resolve a whistleblower lawsuit accusing the biotech company of paying doctors kickbacks to prescribe multiple sclerosis drugs just days before a trial was scheduled to kick off. read more »

Three Charged In First Ever Cryptocurrency Insider Trading Tipping Scheme


Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced today the unsealing of an Indictment charging ISHAN WAHI, a former product manager at Coinbase Global, Inc. (“Coinbase”), NIKHIL WAHI, and SAMEER RAMANI, with wire fraud conspiracy and wire fraud in connection with a scheme to commit insider trading in cryptocurrency assets by using confidential Coinbase information about which crypto assets were scheduled to be listed on Coinbase’s exchanges.  ISHAN WAHI and NIKHIL WAHI were arrested this morning in Seattle, Washington and will be presented today in the United States District Court for the Western District of Washington.  SAMEER RAMANI was also charged today and remains at large. read more »