The CFTC has handed out more than $45 million in multiple whistleblower awards, reflecting the higher volumes and greater complexity of incoming whistleblower submissions, officials say.
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A whistleblower lawsuit was filed by Frank Tra, a former clinical oncology pharmacist at the Hutchinson Clinic, in 2014.
The Commodity Futures Trading Commission (CFTC) today announced multiple whistleblower awards totaling more than $45 million. The awards demonstrate the growing success of the CFTC's Whistleblower Program, in particular the increasing volume and complexity of incoming whistleblower submissions. Just last month, the CFTC announce
Failing to turn in the paperwork won't boot the cars off the road, however.
If you own a diesel Volkswagen or Audi that was affected by the company's 2015 diesel scandal, and if you haven't submitted the proper paperwork to receive compensation, you only have one month left to do so.
Martin Winterkorn already faces investigations on both sides of the Atlantic over Dieselgate. Now German prosecutors are scrutinizing his financial affairs to see whether he evaded taxes too, according to reports.
Former Volkswagen boss Martin Winterkorn may be in even deeper trouble than he thought.
The Supreme Court has given the Securities and Exchange Commission a difficult choice: Work faster or get Congress to change the law.
At issue is the court's ruling a year ago in Kokesh v. Securities and Exchange Commission. The decision imposed a five-year window on the agency to seek repayment of any ill-gotten gains. Already, the decision has resulted in the dismissal of an overseas bribery case because the S.E.C. took too long to file the charges and has spurred a lawsuit demanding that the agency repay billions
Investors are now questioning the disclosures around the death of the long-time chief executive officer of Fiat Chrysler Automobiles NV in a Zurich hospital on July 25, only days after he was replaced following a sudden health decline. The mystery of Marchionne's condition in the final weeks and months of his life is casting a pall over his achievements in rescuing Fiat from the brink of collapse during his 14-year tenure running Italy's largest manufacturer.
European Commission claims manufacturers are cheating in two ways to undermine its target of reducing CO2 output
European Union car makers may be submitting "inflated" figures for their vehicles' carbon dioxide emissions to soften future targets for reducing the greenhouse gas, European Commission documents seen by AFP Wednesday show.
For nearly two years, Facebook has appeared bulletproof despite a series of scandals about the misuse of its giant social network.
Americans have been shaken by crashes of driverless cars and their semiautonomous counterparts, two recent surveys show, and consumer groups are pushing back against what they say is a flawed effort in Congress to regulate the vehicles.
The ongoing saga of a nine-figure False Claims Act case took another turn late last week, with the Department of Justice criticizing a federal judge who tossed out a verdict against the provider. The case involves whistleblower
The European Commission has concrete information suggesting that automakers are cheating in a new emissions testing procedure. Only this time, they appear to be over-polluting, in order to make it easier for them to meet stricter limits on CO2 emissions in the future.
School execs awarded $3M in LA-area whistleblower lawsuit - The ex-superintendent of California's Montebello Unified School District and another former executive have been awarded more than $3 million in a lawsuit that claimed they were fired for exposing corruption.
A bill proposing a qui tam action for people who report fraud against the state of Louisiana was recently sent to the Committee on House and Governmental Affairs.
A Utah federal judge on Wednesday approved a more than $10 million settlement in the Commodity Futures Trading Commission's case against Estonian forex broker Tallinex for soliciting funds from US retail FX traders without being registered.
A government audit faulted NHTSA's oversight of auto recalls and said the agency's "delayed action" may have hindered the callbacks of vehicles with defective Takata airbags.
Audi's chief executive is seeking his release from jail during an ongoing investigation of suspected fraud as part of parent company Volkswagen's diesel emissions scandal.
The civil settlement relating to LC Bead resolves a lawsuit filed under the whistleblower provision of the False Claims Act by Mr. Ryan Bliss, who formerly worked in the marketing departments of both AngioDynamics and Biocompatibles. The Act permits private parties to file suit on behalf of the United States for false claims and share in a portion of the government's recovery.
Ford is recalling almost 550,000 vehicles in North America because the automatic transmission might not be in "park," although the shift indicator says it is. That could allow the vehicle to roll, the automaker said in a news release Wednesday.
Eight banks that help sell municipal bonds for Illinois asked a judge to dismiss a $1 billion whistleblower lawsuit accusing them of fraud and collusion.
