Being a whistleblower involves personal sacrifice and professional risk. Many violations of the law go unreported because people who know about them are afraid of being disciplined, losing their job, …
As many investors know, the securities industry settles securities transactions (e.g., the purchase and sale of equities, as well as corporate and municipal bonds) on the third day after a …
This Blog previously wrote about a case involving a whistleblower’s claim, under the “alternate remedy” provision of Section 3730(c)(5) of the False Claims Act (“FCA”), to settlement proceeds obtained in …
Medicare and Medicaid fraud costs taxpayers billions of dollars each year. In 2016, the Government Accountability Office (“GAO”) estimated that in fiscal year 2015, taxpayers lost almost $90 billion to …
The Department of Justice (“DOJ”) recently announced that CA Technologies (“CA”) has agreed to pay $45 million to resolve allegations under the False Claims Act related to a General Services …
The Financial Industry Regulatory Authority, Inc. (“FINRA”) has proposed a rule change that will allow broker-dealers to project the performance of investment strategies or asset allocations, but not specific stocks, in communications …
Last November, this Blog discussed the faithless servant doctrine under New York law. (Here.) As explained, the courts have applied the doctrine to a wide variety of misconduct, including, but …
On February 21, 2017, the Supreme Court vacated the judgment in Bishop v. Wells Fargo & Co. and remanded the case to the Second Circuit “for further consideration in light of …
The New York Department of Financial Services’ (“DFS”) cybersecurity regulations became effective March 1, 2017, but the rules are slated to be phased in on a rolling basis 180 days …
An important part of any litigation is documentary discovery. As any litigant can attest, especially in complex matters, documents form the foundation of discovery plans and strategies, and, more significantly, …
