Whistleblower News: Australian Whistleblower Protections, $5.6M False Claims Act Settlement, SEC Climate Risk Push, SEC Investigates VW's April Fool
Whistleblowers are being scared into silence, hampering efforts to expose corruption in Australia, research finds
THE GUARDIAN
Major flaws with Australia’s whistleblowing protections are scaring whistleblowers into silence and hindering journalists’ efforts to expose corruption, according to jailed journalist Peter Greste and constitutional law scholar Rebecca Ananian-Welsh. read more »
Tungsten Heavy Powder of San Diego Agrees to Pay $5.6 Million to Settle False Claims Act Allegations
DOJ
Tungsten Heavy Powder, Inc. (THP) has agreed to pay $5,641,114 to resolve allegations that it violated the False Claims Act by falsely certifying that it sourced product materials in the United States for items it manufactured under a contract with the government of Israel that was funded by the U.S. Defense Security Cooperation Agreement Agency (DSCA). read more »
SEC joins growing push for climate risk disclosure
AXIOS
The Securities and Exchange Commission held meetings this month with powerful K Street and Wall Street players as regulators mull new rules on corporate disclosure of climate-related risks. read more »
Volkswagen’s gag falls flat as the S.E.C. begins an inquiry
NEW YORK TIMES
Volkswagen’s American unit was only kidding when it put out the word late in March that it was changing its name to “Voltswagen” to show its commitment to electric vehicles. To say the April Fool’s joke didn’t land is an understatement. Now the misfired marketing gag has prompted an inquiry by the Securities and Exchange Commission. read more »