fraud

Sarbanes Oxley Whistleblower Protection Law at 15 Years: Know Your Rights

Leave a Comment / whistleblower / By max cyril

In the wake of Enron and other corporate scandals that wiped out retirement savings and left millions unemployed, Congress enacted the Sarbanes-Oxley Act (SOX), which contains a robust whistleblower protection provision. The whistleblower provision is intended to combat a “corporate code of silence,” which “discourage[d] employees from reporting fraudulent behavior not only to the proper …

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The SEC Whistleblower Program

Leave a Comment / whistleblower / By max cyril

In 2011, a former executive at Monsanto, a large publicly traded company, raised concerns that the company was violating accounting rules and misstating its earnings. Despite being aware of these issues, Monsanto failed to remedy the accounting violations and continued to misstate earnings. Undeterred, the former executive reported his concerns to the U.S. Securities and …

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18 states are suing Betsy DeVos for putting for-profit college fraudsters over student borrowers

Betsy DeVos is making it harder for students to get loan forgiveness after being cheated by for-profit colleges, but Democratic attorneys general across the country are challenging her in court. DeVos has had the Education Department put a hold on new rules that were supposed to take effect on July 1 protecting student borrowers—protecting student borrowers is definitely …

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The Great Escape, Lawsuit Edition

Leave a Comment / Class Action / By max cyril

This week, Sprint agreed to pay nearly $3 million in government fines after being caught by the Federal Trade Commission for cheating and deceiving people with low credit scores. As the FTC’s Bureau of Consumer Protection explained, “Sprint failed to give many consumers required information about why they were placed in a more costly program, …

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Sarbanes Oxley Whistleblower Protection Law at 15 Years: Know Your Rights

The SEC Whistleblower Program

18 states are suing Betsy DeVos for putting for-profit college fraudsters over student borrowers

The Great Escape, Lawsuit Edition

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Madeline Messa