Texas Corporate Jet Abuse Lawyer Information by Attorney, Jason S. Coomer

Dozens of jets operated by publicly traded corporations made 30% or more of their trips to or from resort destinations.

When an officer, executive or employee of a company that has access to these multimillion dollar jets, helicopters or planes abuse their privileges by misusing these aviation vehicles to take personal trips or vacations to resort destinations it is considered corporate jet abuse.  A Wall Street Journal review of FAA flight records found that dozens of jets operated by publicly traded corporations made 30% or more of their trips to or from resort destinations, sometimes more than 50%. Often, these were places where their top executives own homes. The review covered nearly every jet flight in the U.S. over the four-year period from 2007 to 2010.

If you are aware of corporate jet abuse, company plane misuse or are a shareholder of a company that has been defrauded by corporate jet abuse, feel free to submit an inquiry or send an e-mail to Texas corporate jet abuse lawyer, Jason S. Coomer.  He represents Texas businesses, international businesses, and businesses throughout the United States on a variety of commercial litigation issues.

The SEC Whistleblower Program & Corporate Jet Abuse Lawsuits

The SEC and federal government have been working together to institute new legislation and have created incentive programs which allow whistleblowers that have original source information and/or evidence of fraud being committed in the American financial and trade industries to recover monetary awards or bounties.  Corporate jet abuse is a type of fraud that can cost shareholders and companies millions of dollars.  This is one of the types of fraud that the SEC has been cracking down on in order to prevent instability in the U.S. financial markets.  For more information about financial fraud whistleblower lawsuits please visit corporate jet abuse lawyer, Jason S. Coomer's National Whistleblower's Resource & Information website or feel free to submit an inquiry.