UK’s FCA has assessed less than 25% of whistleblowing reports it received in 2021

THOMSON REUTERS

Is the UK's main securities regulator keeping its commitment to whistleblowers who bring forth claims of wrongdoing at companies and financial firms? read more »

SEC Obtains Final Judgment Ordering Mastermind of International Microcap Fraud Scheme to Pay $52,925,214

SEC

The Securities and Exchange Commission announced today that it obtained a final judgment against Canadian resident Frederick L. Sharp. In August 2021, the SEC charged Sharp with leading a fraudulent scheme that generated hundreds of millions of dollars from unlawful stock sales and caused significant harm to retail investors in the United States and around the world. Among other relief, the judgment orders Sharp to pay over $50 million in monetary relief. read more »

Construction Company Agrees to Pay $2.8 Million to Resolve Allegations of Small Business Subcontracting Fraud

DOJ

Hensel Phelps Construction Company (Hensel Phelps), a large construction company headquartered in Greeley, Colorado, has agreed to pay $2,804,110 to resolve allegations that it improperly manipulated a federal subcontract designated for a business owned and operated by a service-disabled veteran, announced Carla B. Freedman, the United States Attorney for the Northern District of New York, and Vanessa R. Waldref, the United States Attorney for the Eastern District of Washington. read more »