Texas Lawyers Blog

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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

Thursday, January 11, 2018

Trade Secret Litigation and Misappropriation Under The Texas Uniform Trade Secrets Act and The Defend Trade Secret Act by Texas Trade Secret Litigation Lawyer

Trade Secret Litigation and Trade Secret Misappropriation Under The Texas Uniform Trade Secrets Act and The Defend Trade Secret Act by Texas Trade Secret Litigation Lawyer and Trade Secret Misappropriation Lawyer Jason S. Coomer

Recent changes to Federal and Texas trade secret law are changing trade secret litigation and how businesses are protecting, defending, and litigating over trade secrets.  These recent changes provide new options for businesses in trade secret litigation including federal changes that allow ex parte seizure of property, special protections for plaintiffs and defendants, and immunity for whistleblowers who properly expose fraud.  For more information on these recent changes and Trade Secret Litigation, please go to the following web page: Texas Uniform Trade Secrets Act Lawyer, Texas Defend Trade Secret Act Lawyer, and Texas Trade Secret Misappropriation Lawyer.

Protection of Intellectual Property Including Trade Secrets

As intellectual property including trade secrets owned by a business becomes more valuable and data including trade secrets continue to become easier to steal through technology, it is increasingly important for businesses to protect their intellectual property as well as to make an example of officers, business partners, independent contractors, and employees that steal intellectual property.  To protect a business's intellectual property, it is a good idea to identify and inventory your trade secrets and other valuable intellectual property.  It is also important to evaluate and review your protections and security policies that are in place to maintain the confidentiality of your secrets and other intellectual property.  These protections often include employment and confidentiality agreements which should be review periodically and updated.  It is also important to maintain proper data protection and security protocols to help prevent hacking or other security breaches.  Though these issues can appear tedious, it is often best to prevent a theft of intellectual property rather than try to contain and lock down the intellectual property after it is stolen.    

Texas Theft of Trade Secrets Lawsuits and Texas Breach of Fiduciary Duty Lawsuits

Officers and employees that wrongfully steal intellectual property including theft of trade secrets, customer lists, patents, and copyrights can often be held liable by Texas courts for breach of fiduciary duty, conversion, fraud, and other business torts.  There are also new federal laws that allow federal actions for theft of trade secrets against those that misappropriate trade secrets.  It is important to understand potential venue options when reviewing potential trade secret litigation, especially, when damages are significant.  For more information on this issue, please go to the following web pages: Texas Trade Secret Theft and Business Litigation Lawyer: Corporate Espionage and Theft of Intellectual Property, Texas Business Litigation Lawyer, and Texas Business Tort Lawsuits.

International Business Litigation Lawyers, International Intellectual Property Theft Lawyers, International Corporate Espionage Lawyers, International Business Fraud Whistleblower Lawyers,  and International Business Litigation Teams

Texas Patent Infringement Lawyer Jason Coomer frequently works with other Business Litigation Lawyers throughout the United States and the World on large international patent infringement lawsuits and corporate espionage lawsuits.  For more information on this topic as well as some of the legal issues and potential causes of action regarding international patent infringement, international corporate espionage, and international theft of trade secrets, please go to the following web page: International Patent Infringement Lawsuits, International Trade Secret Theft Lawsuits, International Supply Chain Procurement Fraud Whistleblower Lawsuits, and International Business Litigation Lawsuits.

Tuesday, January 9, 2018

Texas Wealth, Probate, and Inheritance Lawyer Helps Families Protect Wealth and Transfer Texas Real Property and Businesses

Texas Wealth, Probate, and Inheritance Lawyer Helps Families Protect Wealth and Transfer Texas Real Property and Businesses by Texas Wealth, Probate, and Inheritance Lawyer Jason S. Coomer

After a family member dies, the real property, businesses, and other wealth that they owned can often become stuck during the probate process and if proper action is not taken the wealth can be lost or stolen.  Loss of inheritance is especially common when a family member suffers from senility and/or is extremely secretive about their finances before their death and has not left a Will or any instructions as to what they want done with their Texas wealth after they die. 

For information on Texas Wealth, Probate, and Inheritance, please go to the following web page: Texas Probate Lawyer Helps Families, Heirs, and Beneficiaries.

Texas Contingent Inheritance Lawyer and Texas Contingent Inheritance Lawsuits

In some situations family assets cannot get transferred or collected by their rightful heirs or beneficiaries because the heirs and beneficiaries cannot afford the cost of probate and other transfer costs. In these situations, a Texas Contingent Probate Lawyer or Texas Contingent Death Benefit Lawyer that works on a percentage of the estate property can help heirs and beneficiaries transfer estate property to rightful heirs and beneficiaries.

In these situations, the Texas Contingent Probate Lawyer or Texas Contingent Death Benefit Lawyer will typically need to see that there are actual significant assets in the estate and who the rightful heirs and beneficiaries are of the estate. In these cases, bank statements, life insurance policies, royalty statements, mutual fund statements, retirement fund statements, real property deeds, property tax information, and other evidence of the estate assets can be useful in determining the approximate value of the estate and if a contingent contract for probating the estate can be viable.  For more information on a Texas Contingent Probate Lawsuit or Texas Contingent Non-Probate Matter, please feel free to go to the follow web page:  Texas Contingent Probate Lawyer and Death Benefit Collection Lawyer.

Over $200 Billion in Wealth is Passed Through Probate and Inheritance Each Year

Inheritance is the practice of passing on wealth or obligations upon the death of an individual.  This allows parents to pass on real estate, mineral interests, royalty rights, land, buildings, houses, businesses, stocks, jewelry, and other wealth to their children and people that they love.  It is estimated that in the United States over $200 Billion each year passed down through inheritance to heirs and beneficiaries.  Through Wills and intestate laws, Texas courts determine who are proper heirs and beneficiaries and allow tremendous amounts of wealth to be inherited each year.  The amount of wealth including real estate, mineral interests, royalty rights, land, buildings, houses, businesses, stocks, jewelry, life insurance, bonds, and gold that will be passed through inheritance is expected to continue to increase in the next 20 years as Trillions of Dollars in wealth is passed on through inheritance. 

A Significant Amount of Wealth is Lost or Stolen

Unfortunately, a good portion of this wealth will be lost or stolen as rightful heirs, lawful will beneficiaries, and rightful trust beneficiaries are unable to locate or claim family wealth or even worse vultures or corporations steal family wealth.  To help prevent lost or stolen wealth, it is important to keep records and an inventory of all family wealth including real estate, mineral interests, royalty rights, land, buildings, houses, businesses, stocks, jewelry, life insurance, bonds, and gold.  It is also important to make sure that this information can be recovered by loved ones in case of an unexpected death or incapacity.

Texas Wealth, Probate, and Inheritance Lawyer Helps Families, Heirs, and Beneficiaries Protect and Transfer Their Wealth

Texas Wealth Inheritance Lawyer Jason S. Coomer helps beneficiaries, heirs, royalty interest owners, working interest owners, and families transfer and claim their rightful share of family wealth and inheritance including family trust funds, oil royalties, mineral interests, bank accounts, stocks, gold, family jewelry, family businesses, real estate, lake houses, ranch land, farms, rental houses, and family homes.  He handles contested and uncontested transfers of wealth including trust litigation, probate issues, will contests, estate issues, guardianship cases, breach of fiduciary duty cases, oil & gas litigation, and heirship proceedings. 

Saturday, December 9, 2017

International Bribe Lawyer Helps Expose Large International Bribery Schemes and Helps Whistleblowers Collect Rewards by Texas International Bribe Lawyer

International Bribe Lawyer Helps Clients Around The World and Works with Other International Lawyers Throughout the World Expose Large International Bribery Schemes and Collect Rewards for Exposing International Corruption by Texas International Bribe Lawyer Jason S. Coomer

Over the past decade many countries around the World have enacted anti-bribery and anti-corruption laws that prevent multinational corporations and other powerful interests from bribing government officials to obtain government contracts and for other government benefits.  These laws have helped expose several billion dollars in corruption and have forced several large corporations to pay billions for their corrupt practices.  By combining these anti-bribery laws with some bounty action and whistleblower laws that have been enacted in the United States, some individuals can not only expose large bribery schemes, but can also potentially collect large rewards for exposing large international bribery schemes.

These reward laws can be extremely complicated and usually require original information of the bribery scheme which is not known by the press or available to the public.  These reward laws also require the bribery schemes to be extremely large over at least $1 million and typically over $10 million.  The reward laws also typically have a first to file provision that means that the first person or corporation to properly expose the illegal conduct is who can recover the reward.

There are several reward laws and each has several requirements and restrictions.  Some allow anonymous reporting, while others do not.  For more information on exposing international bribes and potentially collecting a reward for exposing corruption, please go to the following web pages: International Whistleblower Rewards and Texas International Bribery Lawyer

Wednesday, November 1, 2017

Customs Fraud Can Be The Basis of Large Financial Rewards by International Customs Fraud Reward Lawyer

International Customs Fraud Can Be The Basis of Large Financial Rewards: Import Export Professionals Can Anonymously Report Customs Fraud Through a Lawyer and Receive Large Financial Rewards by International Customs Fraud Reward Lawyer Jason S. Coomer

Large financial rewards are being offered to international professionals with original knowledge of Customs Fraud and International Bribery Schemes.  Misclassifying imported goods, undervaluing of goods, and misidentifying county of origin are all types of customs fraud that can be the basis of large whistleblower rewards.  For more information on this topic, please go to the following web page: Customs Fraud Whistleblower Rewards: Confidential Reviews of Customs Fraud Bounty Actions.

By Working Through An International Customs Fraud Lawyer International Professionals Can Protect Their Identity While Exposing Fraud and Collecting Their Reward

The United States Federal Government is interested in identifying large scale customs fraud and is offering large financial rewards to people with original knowledge of large and systematic customs fraud schemes who properly report these schemes.  By working together with an international customs fraud lawyer, an international professional with original knowledge of such a fraudulent scheme can have the scheme confidentially reviewed and prepared to be submitted for a potential reward. 

International Bounty Actions and Whistleblower Reward Laws Are Designed to Expose Illegal Conduct and Protect the World from Market Distortions as Well as Unsafe Products 

International Fraud and Bribery Schemes create distortions in the free markets of the World and can allow unsafe, defective, and illegal products to be falsely certified and transported through ports and other international ports. As such, several international whistleblower reward laws have been enacted and are being enforced to expose illegal bribes, kickbacks, and other illicit payments that falsely certify products and allow products to illegally pass through international ports. These laws prevent government corruption including illegal payments to customs agents, bribes for port construction contracts, illegal kickbacks for regulatory approval, and other illegal business practices. Through the Foreign Corrupt Practices Act (FCPA), whistleblowers are encouraged to step up and confidentially report corruption. Under these new whistleblower protections, these international import export whistleblowers and other international professionals can anonymously report Foreign Corrupt Practices Act violations through a Bounty Action Lawyer and receive large financial rewards for being the first to properly expose significant government corruption.


Wednesday, October 25, 2017

International Seeding Trials, International Switch Campaigns, and Fraudulent Post Marketing Studies Used To Pay Physicians Can Be The Basis of Lawyer Whistleblower Rewards by International Seeding Trial Lawyer

International Seeding Trials, International Switch Campaigns, and Fraudulent Post Marketing Studies Used To Pay Physicians Can Be The Basis of Lawyer Whistleblower Rewards by International Seeding Trial Lawyer

Under the Foreign Corrupt Practices Act and other Federal laws, whistleblowers with original and specialized knowledge or evidence of bribes and kickbacks illegally paid to doctors can be eligible to recover large financial rewards for properly exposing illegal seeding trials and switch campaigns.  These illegal drug marketing practices are commonly used to fraudulently pay doctors for prescribing patients to a particular drug or medical device.  These fraudulent post marketing studies can be the basis of domestic and international whistleblower reward lawsuits.  For more information on properly exposing illegal seeding trials, fraudulent post marketing studies, and switch campaigns, please go to the following web page: Fraudulent Post Marketing Studies Including Drug Company Seeding Trials and Switch Campaigns Can Be The Basis of Large Whistleblower Reward Lawsuits.

International Pharmaceutical Professionals Can Confidentially and Anonymously Work With a Lawyer to Expose Fraudulent Schemes and Collect Large Financial Rewards

By gathering this evidence and going through a lawyer, these whistleblowers can have their cases confidentially reviewed and in some cases submit their cases to the government anonymously to protect their identity through the process.  If you are aware of illegal seeding trials, switch campaigns, fraudulent post marketing studies, illegal bribes, or illegal kickbacks that was used to increase sales or market share or secure a large contract

Tuesday, October 24, 2017

Texas Baby Powder Cancer Lawyer Represents Women and Families of Women Who Have Developed Ovarian Cancer After Using Talcum Powder by Texas Baby Powder Cancer Lawyer

Texas Baby Powder Cancer Lawyer Represents Women and Families of Women Who Have Developed Ovarian Cancer After Using Talcum Powder by Texas Baby Powder Cancer Lawyer

Recent scientific studies have shown that women who use Baby Powder, Shower to Shower Products, and other forms of talcum powder may have an increased risk of developing ovarian cancer.  If you have been using Baby Powder, Shower to Shower Products, or other forms of talcum powder and have been diagnosed with Ovarian Cancer, it is important to discuss your use of talcum powder with your medical doctor.  For more information on this topic, please go to the following web page: Texas Baby Powder Ovarian Cancer Lawyer and Texas Talcum Powder Cancer Lawyer Information.

Early Detection of Ovarian Cancer Can Save Lives & Increase a Woman's Chance of Survival

Ovarian cancer is a hard to detect form of cancer that forms in a woman's ovary. It commonly results in abnormal cells that have the ability to metastasize to other parts of a woman's body.  When ovarian cancer begins, there may be no or only vague symptoms. Symptoms do become more noticeable as the cancer progresses. These symptoms may include bloating, pelvic pain, abdominal swelling, and loss of appetite, among others. Common areas to which the cancer may spread include the lining of the abdomen, lining of the bowel and bladder, lymph nodes, lungs, and liver.  If ovarian cancer is caught and treated in an early stage, it may be curable. Treatment usually includes some combination of surgery, radiation therapy, and chemotherapy.

Monday, October 23, 2017

False Form 10-K Reporting and Other Fraudulent Reporting to the SEC or Shareholders Can Be The Basis of Large SEC Bounty Actions That Pay Large Financial Rewards by SEC False Reporting Bounty Action Lawyer

False Form 10-K Reporting and Other Fraudulent Reporting to the SEC or Shareholders Can Be The Basis of Large SEC Bounty Actions That Pay Large Financial Rewards by SEC False Reporting Bounty Action Lawyer and Financial Disclosure Fraud Whistleblower Reward Lawyer Jason Coomer

Financial Disclosure Fraud including false financial statements, false 10-K forms, and other fraudulent reports can be the basis of large bounty actions that can pay large rewards to professionals with original information of significant fraud and who properly report the fraud.  By working with a Financial Disclosure Fraud Whistleblower Reward Lawyer, these professionals can obtain a confidential review of their potential bounty action as well as report the fraud to the SEC anonymously.  For more information on Financial Disclosure Fraud Bounty Actions, please go to the following web page: Financial Disclosure Fraud Bounty Action Lawyer and SEC False Reporting Whistleblower Reward 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.

Sunday, October 22, 2017

International Security Professionals and International Compliance Officers Can Earn Large Rewards For Properly Exposing Accounting Fraud, Illegal Bribes, and Other Violations of the Foreign Corrupt Practices Act by International Compliance Officer Bounty Action Lawyer and International Security Professional Whistleblower Reward Lawyer

International Security Professionals and International Compliance Officers Can Earn Large Rewards For Properly Exposing Accounting Fraud, Illegal Bribes, and Other Violations of the Foreign Corrupt Practices Act by International Compliance Officer Bounty Action Lawyer and International Security Professional Whistleblower Reward Lawyer Jason S. Coomer

International Compliance Officers and Other International Security Professionals can earn large whistleblower reward for properly exposing violations of the Foreign Corrupt Practices Act.  These violations can include systematic accounting fraud, bribes to government officials and intentional non-compliance with known significant and repeated violations.  There are specific rules for proper reporting by international compliance officers and security professionals.  For this reason, it is highly recommended that international compliance officers and other security professionals have their case reviewed by an International Compliance Officer Bounty Action Lawyer or an International Security Professional Whistleblower Reward Lawyer. 

If you are aware of a significant Foreign Corrupt Practice Act  violation by a large international company and are interested in a confidential review of a whistleblower bounty action and would like more information on this topic, please go to the following web pages: International Security Professional Bounty Actions and Whistleblower Rewards, The Foreign Corrupt Practices Act,  and International Whistleblower Confidential Reviews and Anonymous Reporting Through A Lawyer.

SEC Bounty Actions Can Be Reviewed Confidentially By Lawyers and Reported Anonymously Through A Lawyer to Protect The Whistleblower

Under the Foreign Corrupt Practices Act and the SEC Whistleblower Incentive Program, whistleblowers with original and specialized knowledge and evidence of corporate bribery and illegal kickbacks are eligible to recover large economic awards.  By gathering this evidence and going through a lawyer, these whistleblowers can protect their identity through the process and potentially collect large rewards of 10% to 30% of the monetary sanctions including disgorged funds.

The SEC Has Awarded Over $153 Million to Whistleblowers

To date, over $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.

Sunday, October 8, 2017

Texas Pancreatic Cancer Lawyer: Persons Taking Januvia, Janument, Victoza, Byetta, Onglyza, Tradjenta, Bydureon, Oseni, and Other Diabetes Drugs Should Be Aware of Cancer Risk by Texas Pancreatic Cancer Lawyer

Texas Pancreatic Cancer Lawyer: Persons Taking Diabetes Drugs Including Januvia, Janument, Victoza, Byetta, Onglyza, Tradjenta, Bydureon, Oseni, and Other Diabetes Drugs Should Be Aware of Cancer Risk by Texas Pancreatic Cancer Lawyer Jason S. Coomer

Recent scientific studies have shown that several diabetes drugs may cause an increased risk of pancreatic cancer.  Persons taking Januvia, Janument, Victoza, Byetta, Onglyza, Tradjenta, Bydureon, Oseni, and other diabetes drugs should be aware of the potential dangers.  If you are taking these diabetes drugs, it is important to discuss the potential health risks with your medical providers and to be aware of any symptoms of pancreatic cancer you may experience.  For more information on this topic, please go to the following web page: Pancreatic Cancer Health Risk Caused by Diabetes Drugs.

Pancreatic Cancer Detection: Understanding and Identifying Symptoms of Pancreatic Cancer Can Be Important In Early Detection and Treatment of Pancreatic Cancer Resulting in Higher Pancreatic Cancer Survival Rates
Symptoms of pancreatic cancer can include: dark urine and clay-colored stools, fatigue and weakness, jaundice (a yellow color in the skin, mucus membranes, or eyes), loss of appetite and weight loss, nausea and vomiting, pain or discomfort in the upper part of the belly or abdomen, back pain, blood clots, diarrhea, and indigestion.

Pancreatic cancer is often not detected early on and is often advanced when it is first found.  As such, ninety-five percent of the people diagnosed with this cancer will not be alive 5 years later.  Some patients have pancreatic cancer that can be surgically removed are cured. However, in more than 80% of patients the tumor has already spread and cannot be completely removed at the time of diagnosis.  In the few cases where pancreatic tumors can be removed by surgery. The standard surgical procedure to remove pancreatic tumors is called a Whipple procedure (pancreatoduodenectomy or pancreaticoduodenectomy). This surgery should be done by an experienced surgeon and at a medical center that performs the procedure often. Some studies suggest that the Whipple procedure is best performed at hospitals that do more than five of these surgeries per year.

When the tumor has not spread out of the pancreas, but cannot be removed, radiation therapy and chemotherapy together may be recommended. When the tumor has spread (metastasized) to other organs such as the liver, chemotherapy alone is usually used. The standard chemotherapy drug is gemcitabine, but other drugs may be used. Gemcitabine can help about 25% of patients.

Patients whose tumor cannot be totally removed, but who have a blockage of the tubes that transport bile (biliary obstruction) must have that blockage relieved. There are two approaches including surgery and placement of a tiny metal tube (biliary stent) during ERCP.

Managing pain and other symptoms is an important part of treating advanced pancreatic cancer. Palliative care tams and hospice can help with pain and symptom management, and provide psychological support for patients and their families during the illness.

For more information on this topic, please go to the following web page: Pancreatic Cancer Lawsuit Information.
       
Incretin Diabetes Drugs May Cause An Increased Risk of Pancreatic Cancer  

Diabetes drugs in the incretin mimetic class may cause an increased health risk of pancreatic cancer and pancreatitis.  These incretin diabetes drug include exenatide (Byetta, Bydureon), liraglutide (Victoza), sitagliptin (Januvia, Janumet, Janumet XR, Juvisync), saxagliptin (Onglyza, Kombiglyze XR), alogliptin (Nesina, Kazano, Oseni), and linagliptin (Tradjenta, Jentadueto). These drugs work by mimicking the incretin hormones that the body usually produces naturally to stimulate the release of insulin in response to a meal. They are used along with diet and exercise to lower blood sugar in adults with type 2 diabetes.  Many of these incretin diabetes drugs already include a black box warning regarding thyroid cancer risk, but evidence is growing that these drugs may also create an increased risk of pancreatic cancer. People that are taking incretin diabetes drugs including: Januvia, Janument, Victoza, Byetta, Onglyza, Tradjenta,  Oseni, and other diabetes drugs should be aware of the cancer health risks.

Saturday, October 7, 2017

FOREX Whistleblower Rewards: Bank Employees and Other Financial Professionals Can Earn Larger Whistleblower Rewards for Anonymously Exposing FOREX Fraud Schemes by FOREX Whistleblower Reward Lawyer

FOREX Whistleblower Rewards: Bank Employees and Other Financial Professionals Can Earn Larger Whistleblower Rewards for Anonymously Exposing FOREX Fraud Schemes by FOREX Whistleblower Reward Lawyer

FOREX Fraud and other investment fraud schemes can be the basis of whistleblower reward lawsuits which can pay bank employees, financial professionals, and investors large financial rewards for anonymously exposing investment fraud schemes through a lawyer.   These whistleblower reward lawsuits must be based on original information and help expose significant fraud.  By working through a whistleblower reward lawyer, the whistleblower can protect their identity and obtain help in preparing the lawsuit.  For more information on this topic, please go to the following web pages: Bank Foreign Exchange Rate Fraud Lawyer: Confidential Reviews of Bounty Actions and Whistleblower Reward Lawyer.

FOREX Fraud In The News

"A former HSBC Bank PLC foreign currency exchange trader gave a detailed account on Wednesday of the collusion between banks that antitrust prosecutors claim was used to rig currency markets, as the government’s case in the trial of former HSBC executive Mark Johnson nears its end.
Frank Cahill, a former forex trader for HSBC and Goldman Sachs & Co. LLC, took the witness stand and gave an inside look into a group of forex traders at banks including HSBC, Barclays PLC, State Street Corp., Goldman and the Royal Bank of Scotland PLC who used chat rooms to coordinate trading in a way that would affect currencies’ prices to their benefit."

"Prosecutors claim Johnson and Scott, both U.K. nationals, and others at HSBC traded on inside information about a deal to exchange $3.5 billion for sterling on behalf of client Cairn Energy PLC in a way that caused the price of sterling to spike, to the detriment of Cairn and to HSBC’s benefit. Johnson lives in London and is contesting extradition to the U.S. The Federal Reserve Board on Friday said that it fined HSBC $175.3 million for failing to properly oversee its forex trading business."

A fine of $175.3 million that results from a successful whistleblower could result is a whistleblower reward of over $50 million.  These large financial rewards are intended to encourage bank employees, financial professionals, and high end investors with original knowledge of financial fraud to expose fraudulent schemes, insider trading, and other types of investment fraud.