Texas Lawyers Blog

Description

The Texas Lawyers Blog provides useful information on the law and Texas lawyers. For more information on this Blog or a legal topic, please feel free to submit an inquiry or send an e-mail message to blog@texaslawyers.com

Tuesday, March 27, 2018

$262 Million in SEC Rewards: Professionals Can Earn Large Financial Rewards by Confidentially Exposing Large Scale Investment Fraud, FCPA Violations, or Securities Fraud Violations by SEC Bounty Action Award Lawyer

Professionals Can Earn Large Financial Rewards by Confidentially Exposing Large Scale Investment Fraud, FCPA Violations, or Securities Fraud Violations Through a Lawyer to the SEC by SEC Bounty Action Award Lawyer

The SEC has awarded more than $262 million to 53 whistleblowers since issuing its first award in 2012. Whistleblowers may be eligible for an award when they voluntarily provide the SEC with original, timely, and credible information that leads to a successful enforcement action. Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million. As with this case, whistleblowers can report jointly under the program and share an award.  By law, the SEC protects the confidentiality of whistleblowers and does not disclose information that might directly or indirectly reveal a whistleblower’s identity.  Professionals that wish to anonymously expose significant investment fraud, securities violations, or violations of the Foreign Corrupt practices Act are able by law to report these illegal actions through a lawyer and protect their identity while collecting large financial rewards.  For more information on this topic, please for the following web pages: Expose Investment Fraud and Earn Large Financial Rewards and SEC Reward Lawyer and Bounty Action Reward Lawyer Information.

Tuesday, March 20, 2018

Large Financial Rewards Are Being Offered to Professionals Who Properly Expose Large Scale Defense Contractor Fraud by Texas Government Contractor Whistleblower Lawyer

Large Financial Rewards Are Being Offered to Government Contractors and Information Technology Professionals Who Properly Expose Large Scale Defense Contractor Fraud by Texas Government Contractor Whistleblower Lawyer Jason S. Coomer

The government is offering large financial rewards to people with original knowledge of significant defense contractor fraud including the sale of defective weapons, vehicles, ammunition, technology, and equipment that has been committed by any of these contractors.   These rewards are designed to encourage professionals with original knowledge of large scale government fraud to step forward to expose government fraud.  The first step for many of these professionals is to obtain a confidential review of their potential case to determine if their potential case may be a viable whistleblower reward case.  For more information on this topic, please go to the following web pages: Texas Defense Contractor Fraud Lawyer, Texas Military Contractor False Certification Lawyer, and Whistleblower, False Claims Act & Qui Tam Information.

History of Defense Contractor Fraud and Qui Tam Whistleblower Claims (Lincoln's Law and Battling Corrupt War Profiteers)

During the Civil War, corrupt military contractors were defrauding the United States Army out of hundreds of thousands of dollars and putting troops at risk by supplying troops with defective products and faulty war equipment. Illegal price gouging was a common practice and the armed forces of the United States suffered.  In response, Abraham Lincoln enacted the Federal Civil False Claims Act. A key provision of the act was known as qui tam.


The abbreviation is from Latin and refers to "a person who files a suit for the king as for himself".  Qui tam laws have existed for centuries as deceptive government contractors have been around as long as government contracting has. Qui tam actions allow a private citizen to file a lawsuit on behalf of the U.S. government in an effort to recover losses caused by fraud against the government. The law is an incentive for civilians who know of individuals or companies making false claims for profit to come forward with information. In reward, the "whistleblower" (also known as the relator) shares in any federal revenue recovered.

Sunday, March 18, 2018

Tech Industry Financial Fraud Lawyer Helps Professionals Report Large Scale Financial Fraud and Collect Financial Rewards by Tech Industry Financial Fraud Lawyer

Tech Industry Financial Fraud Lawyer Helps Tech Industry Professionals and Financial Professionals Report Significant Financial Fraud and Collect Large Financial Rewards by Tech Industry Financial Fraud Lawyer Jason Coomer

Technology professionals and financial professionals with original knowledge of financial fraud are being offered large financial rewards for properly exposing financial fraud in the technology industry.  These bounty actions can be obtained anonymously by being the first to properly report original information of significant financial fraud through bounty action lawyer.  The financial rewards can be up to 30% of any fines or disgorgement recovered through the reported fraud. 

The goal of these bounty actions is to encourage professionals with specialized expertise to expose large scale fraud.  Included in these bounty actions are protections that are designed to protect high end professionals who want to expose this fraud, but protect themselves from any potential retaliation.  One of the most beneficial protections is the ability to report fraud schemes anonymously through a bounty action lawyer.  For more information regarding these bounty actions, please go to the following web page: Tech Industry Financial Fraud Lawyer, Silicon Valley Financial Lawyer, and Venture Capital Fraud Lawyer.

SEC Whistleblower Rewards Through New Bounty Action Laws Are Now Over $150 Million Encouraging Professionals to Expose Systematic and Hard to Detect Fraud

The Federal Government has enacted new Bounty Action Whistleblower Reward laws that offer large financial rewards to individuals and businesses that properly expose securities fraud and other forms of investment fraud.  These new Bounty Action Whistleblower Reward laws allow professionals to expose fraud through an attorney while protecting their identity and seeking a financial reward.  These laws are first to file laws and require original information or specialized information, but do offer large financial rewards to the first whistleblower that properly exposes the fraud and corruption. The first step for many professionals that want to expose fraud and corruption is to have a lawyer confidentially review their potential case and provide advice as to which laws may apply and the strength of their potential case.

To date, approximately $153 million has been awarded to 43 whistleblowers who became eligible for an award after voluntarily providing the SEC with original and useful information that led to successful enforcement actions. For more information on SEC Bounty Actions and Whistleblower Reward Laws, please go to the following web pages: SEC Bounty Actions and Whistleblower Reward Laws.