SEC's 'Whistleblower Awards' keep getting bigger and bigger

FINANCE FEEDS

Financial fraud is rising. That fact has been reported by several industry authorities across the globe. The SEC, however, has found a way of countering these crimes by making it worthwhile to ‘blow the whistle’. read more »

Whistleblower Is Awarded $28 Million in Panasonic Avionics Case

WSJ

The U.S. Securities and Exchange Commission said it awarded more than $28 million to a whistleblower whose tip helped the regulator and the Justice Department launch investigations that led to bribery charges against a U.S. subsidiary of Japanese electronics company Panasonic Corp. and former executives. read more »

Johnson & Johnson documented contamination risks at Baltimore plant months before vaccine was ruined

WASHINGTON POST

Johnson & Johnson documented serious contamination risks at a troubled Baltimore biodefense plant in June 2020, seven months before a contamination incident ruined 15 million doses of coronavirus vaccine and derailed Johnson & Johnson’s domestic vaccine production, according to documents disclosed Wednesday by a House panel investigating the incident. read more »

Broiler Chicken Producer Indicted for Price Fixing and Bid Rigging

DOJ

A federal grand jury in Denver, Colorado, returned an indictment charging Norman W. Fries Inc., dba Claxton Poultry Farms (Claxton), headquartered in Claxton, Georgia, with participating in a nationwide conspiracy to fix prices and rig bids for broiler chicken products. read more »