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SEC Awards More Than $300,000 to Whistleblower with Audit Responsibilities SEC

U.S., states file sweeping antitrust lawsuits against Facebook, setting stage for potential breakup WASHINGTON POST

Defense Bill Proposes Anti-Money-Laundering Whistleblower Program WSJ A new whistleblower reward program incentivizing the reporting of potential violations of anti-money-laundering laws would be established as part of an annual defense-spending bill that is poised to clear Congress.

SEC Charges the Cheesecake Factory for Misleading COVID-19 Disclosures SEC The Securities and Exchange Commission today announced settled charges against The Cheesecake Factory Incorporated for making misleading disclosures about the impact of the COVID-19 pandemic on its business operations and financial condition. The action is the SEC's first charging a public company for misleading investors about the financial effects of the pandemic.

SEC Awards Over $6 Million to Joint Whistleblowers SEC he Securities and Exchange Commission today announced an award of over $6 million to joint whistleblowers whose information and assistance led to the successful enforcement of SEC and related actions.  The whistleblowers’ substantial assistance, provided to the SEC and another government agency, included submitting documents, participating in interviews, and identifying key individuals involved in the misconduct.

SEC Charges E-Commerce Startup and CEO With Defrauding Investors SEC The Securities and Exchange Commission today charged a San Francisco-based e-commerce startup and its chief executive officer with misleading investors about purported contracts with well-known consumer brands.

SEC Awards Whistleblower Over $900,000 SEC The Securities and Exchange Commission today announced an award of over $900,000 to a whistleblower who identified securities law violations occurring overseas. The whistleblower's timely and important information resulted in a significant expansion of an ongoing investigation.

Medicare Advantage Provider to Pay $6.3 Million to Settle False Claims Act Allegations DOJ Kaiser Foundation Health Plan of Washington, formerly known as Group Health Cooperative (GHC), agreed to pay $6,375,000 to resolve allegations that it submitted invalid diagnoses to Medicare for Medicare Advantage beneficiaries and received inflated payments from Medicare as a result, the Justice Department announced today.

SEC Awards Over $1.1 Million to Whistleblower for Independent Analysis SEC

SEC Charges Investment Advisory Firms and Broker-Dealers in Connection with Sales of Complex Exchange-Traded Products SEC

EU hits Amazon with antitrust charges. A huge fine could follow CNN The European Union has unveiled formal antitrust charges against Amazon for abusing its dominance in online shopping and opened a second investigation into the company's business practices.

SEC Whistleblowers Say 401ks And Pensions Are Cheated Out Of Billions In Mutual Fund Payments FORBES

U.S. government looking into Pfizer's operations in China YAHOO Pfizer Inc. received informal requests relating to its operations in China from the U.S. Department of Justice and the U.S. Securities and Exchange Commission (SEC) in June and August.

SEC Awards More Than $3.6 Million and $750,000 in Separate Whistleblower Awards SEC The Securities and Exchange Commission today announced two separate whistleblower awards for total payments of over $4.3 million.

SEC Awards Over $28 Million to Whistleblower SEC The Securities and Exchange Commission today announced an award of over $28 million to a whistleblower who provided significant information that aided the SEC in bringing a successful enforcement action.  The whistleblower internally reported information that prompted the company to initiate an internal investigation, and saved the staff time and resources by providing testimony and identifying a key witness.

SEC Division of Enforcement Publishes Annual Report for Fiscal Year 2020 SEC

once a sleepy lender to German car companies, had transformed itself in just 10 years, using "insolvent" shell companies to hide significant tax liabilities, conspired to suppress and eliminate competition by fixing prices, steered $2 billion in trades to two brokerages in exchange for bribes that included vacations, cocaine and prostitutes.

The new light on investors came as Hagens Berman announced it filed a class action lawsuit on behalf of Theranos investors, The program has been popular the SEC has received an increasing number of tips receive every year, Libor helps set interest rates worldwide, affecting the price of more than $300 trillion in mortgages, loans, and derivatives

A proposed nationwide class of home buyers have accused Bank of America Corp., Countrywide Financial Corp. and appraisal firm LandSafe Inc. of conducting phony appraisals in an attempt to secure more loans, filing a lawsuit in California federal court on Thursday stemming from previously settled whistleblower claims.

The Securities and Exchange Commission awarded more than $450,000 jointly to two individuals Friday for a tip that led the SEC to open a corporate accounting investigation and for their help once the investigation was underway. The whistleblower award is the third announced by the SEC during May, bringing the month's payouts to $10 million, the agency said.