You probably haven’t heard of the whistleblower case Landis v. Tailwind Sports Corporation. But it might make a difference to you if we referred to it as “the Lance Armstrong case.” Armstrong, who was considered the best bicycle athlete in the world, was stripped of his seven Tour de France titles by the U.S. Anti-Doping Agency in 2012. Banned for life from competing ever again, Armstrong confessed to taking illegal perf...
The Securities and Exchange Commission (SEC) has proposed some new rule amendments that impact whistleblowers. The changes were announced in late June, 2018, and the public is invited to comment on them until mid-September. Among the amendments are the following changes: Changing current rules regarding the amounts of whistleblower awards Creating a uniform definition of a whistleblower Improving the claims review ...
A former company insider will be awarded more than $2.2 million by the SEC for providing crucial information that led to a substantial Securities and Exchange Commission (SEC) enforcement action. The whistleblower reported their information to the SEC after telling another federal agency first, but because they conveyed the information within a 120-day grace period, they will be given the SEC award under the “safe harbor” ...

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