|
Category: Retalliation

DOJ Launches New Corporate Whistleblower Awards Pilot Program

The U.S. Department of Justice (DOJ) has rolled out a pilot program that provides cash bounties to corporate whistleblowers who are not otherwise eligible for cash awards under existing federal whistleblower laws. DOJ officially launched the program, dubbed the Corporate Whistleblower Awards Pilot Program, on August 1, 2024. It is scheduled to run for three years. Under the program, individuals reporting...
|
Category: Legislation

Congress Adds Whistleblower Protection Penalties for Aviation-Safety-Related Complaints

Congress has added substantial monetary penalties as a remedy for whistleblower retaliation related to aviation safety violations. The penalties appear in the Wendell H. Ford Aviation Investment and Reform Act for the 21st Century (AIR21), which protects employees, contractors, and subcontractors of air carriers from retaliation for reporting aviation safety violations. The legislation, which Congress approved in May 2024 to reauthorize the...
|
Category: Agency Enforcement

Whistleblower Activity Under Federal Laws Increased in FY 2023

Federal agencies that enforce whistleblower laws report an across-the-board increase in tips and complaints alleging unlawful activity by employers, as well as an increase in complaints alleging unlawful retaliation against whistleblowing employees, fiscal year 2023 statistics show. The four government agencies are the Justice Department, the Securities and Exchange Commission, the Commodity Futures Trading Commission, and the Labor Department’s Occupational Safety and...
|
Category: Agency Enforcement

SEC Cease and Desist Order Dings Employer for Trying To Limit Dodd-Frank Bounty Hunter Award

The Securities and Exchange Commission (SEC) has fined privately held energy company Monolith Resources $225,000 for using a severance agreement that allegedly deprived departing employees of the ability to qualify for whistleblower awards under the Dodd-Frank financial reform law. Monolith has agreed to the SEC’s September 8 cease and desist order and has modified its separation agreement to exempt whistleblower...

Categories