SEC Says It Won’t Limit Whistleblower Payouts

WSJ

The Securities and Exchange Commission said Thursday that it was revising two amendments governing the rules of its whistleblower program to address concerns that they would discourage tipsters from coming forward. read more »

Catholic Medical Center Agrees to Pay $3.8 Million to Resolve Kickback-Related False Claims Act Allegations

DOJ

United States Attorney John J. Farley announced today that Catholic Medical Center (CMC) has agreed to pay $3.8 million to resolve allegations that it violated the civil False Claims Act by providing free call coverage services to a cardiologist to induce patient referrals, in violation of the Anti-Kickback Statute. read more »

SEC Charges Shari’ah-Focused Online Investment Service with Misleading Clients

SEC

The Securities and Exchange Commission today charged New York-based robo-adviser Wahed Invest, LLC with making misleading statements and breaching its fiduciary duty, and for compliance failures related to its Shari’ah advisory business. read more »

COVID Lab Investigation Prompts New Legislation to Protect Whistleblowers & Taxpayers

CBS13

State Senator Scott Wilk introduced two new pieces of legislation Wednesday in response to CBS13’s year-long investigation into the state’s troubled COVID-19 testing lab. read more »