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Press Releases
NWC Issues Report Blasting Chamber of Commerce’s Attempt to Undermine Major Federal Anti-Fraud Law

 Requests that the Hearing Scheduled for July 30, 2014 Present Balanced Testimony

ReportCover Washington, D.C. July 25, 2014. Today the National Whistleblower Center released a new report entitled “Saving America's 'Most Important Tool to Uncover and Punish Fraud.'” The report rebuts arguments being raised by the Chamber of Commerce as part of its aggressive lobbying campaign to undercut and weaken the False Claims Act.

 

The FCA is widely acknowledged as America’s most effective anti-fraud law.  It encourages whistleblowers to report fraud in government contracting, and results in the recovery of billions of dollars every year from fraudulent government contractors.  The Chamber is preparing to testify at an upcoming hearing before the House Judiciary Committee in order to pave the way for Congress to weaken the FCA.

  
Take Action! Ask Congress to Save America's Most Important Whistleblower Law!

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Tags: Government Contractor Fraud, Changing Corporate Culture
Big Win for Corporate Whistleblowers at Supreme Court

 

SOX whistleblower protection covers mutual fund industry


Washington, D.C. March 4, 2014. The U.S. Supreme Court ruled today in Lawson v. FMR, LLC, that contractors and subcontractors of publicly traded companies are fully protected under the Sarbanes-Oxley Act for corporate whistleblowers.

 

Significantly, in today's decision the Supreme Court explicitly held that investment advisors and other "independent contractors" employed in the mutual fund industry are fully protected under the Sarbanes-Oxley Act's whistleblower provisions. The Supreme Court's ruling reversed a lower court holding excluding the mutual fund industry from protection under Sarbanes-Oxley.

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Tags: Sarbanes-Oxley Act, Changing Corporate Culture
Washington Times Reports: FBI Kept Information From 9/11 Commission

Washington, D.C. February 26, 2014.  In an exclusive report, The Washington Times reports that important information regarding the FBI’s counterterrorist achievements was never given to the members 9/11 Commission. The fact that the FBI had placed a human source in direct contact with Osama bin Laden in 1993 and ascertained that the al Qaeda leader was looking to finance terrorist attacks in the United States, was revealed in court testimony in a little-noticed employment dispute case.

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Tags: National Security, Protecting FBI Whistleblowers
SEC Backs Whistleblowers in Key Court Case

Washington, D.C. Feburary 20, 2014. Today the Securities and Exchange Commission filed an extensive brief and position statement before the U.S. Court of Appeals for the Second Circuit urging the court to fully protect whistleblowers who make internal disclosures exposing fraud against investors and other violations of securities laws.  Linked here are a copy of the SEC's brief and a copy of a statement by Sean McKessy, Chief of the SEC Whistleblower Office. The brief was filed in the case of Liu Meng-Lin v. Siemens AG, case number 13-4385.

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Tags: Sarbanes-Oxley Act, Corporate Accountability, Changing Corporate Culture
Whistleblower Fears UBS Banker Raoul Weil Will Get Sweetheart Deal

 
UBS Tax Fraud Kingpin Extradited to
United States Faces Hearing Today

Fort Lauderdale, Florida. December 16, 2013.  Raoul Weil, the former head of UBS’s Global Wealth Management business is scheduled to appear for a hearing in U.S. District Court in Fort Lauderdale today. He was extradited to the United States from Italy where he was arrested on an international warrant after being indicted for his role in conspiring to violate U.S. tax laws.  Weil was the top boss for UBS whistleblower Bradley Birkenfeld, and controlled the international illegal banking schemes worldwide.


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