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, April 5, 2018

SEC Safe Harbor Whistleblower Lawyer Helps Company Insider Whistleblowers Anonymously Report Fraud and Collect Bounty Action Rewards by SEC Safe Harbor Bounty Rewards Lawyer

SEC Safe Harbor Whistleblower Lawyer Helps Company Insider Whistleblowers Anonymously Report Fraud and Collect Bounty Action Rewards by SEC Safe Harbor Bounty Rewards Lawyer Jason Coomer

On April 5, 2018, the Securities and Exchange Commission announced a whistleblower award of more than $2.2 million to a former company insider whose tips helped the agency open an investigation that led to an enforcement action.  The whistleblower first reported the information to another federal agency and later provided the same information to the SEC.

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.

SEC Safe Harbor Provision Allows Whistleblowers Who Expose Fraud and other Violations To Other Federal Agencies to Also Seek Bounty Action Rewards from the SEC

This is the first award paid under the “safe harbor” of Exchange Act Rule 21F-4(b)(7), which provides that if a whistleblower submits information to another federal agency and submits the same information to the SEC within 120 days, then the SEC will treat the information as though it had been submitted to the SEC at the same time that it was submitted to the other agency.

The whistleblower voluntarily reported information to a federal agency covered by the rule, which referred the matter to the SEC.  The SEC then opened an investigation.  Within 120 days of the initial report, the whistleblower provided the same information to the SEC and later provided substantial cooperation in the investigation.  Although the SEC report came after the staff had opened its investigation, the SEC treated the submission as though it had been made when the whistleblower provided the information to the other agency.

Whistleblower Reward Lawsuits Can Include Government Contractor Fraud Lawsuits, Government Contractor Procurement Fraud Lawsuits, and Government Contractor False Certification Lawsuits

Government contractor procurement fraud and false certification fraud have increased as some government contractors and subcontractors have decided that they can make large profits by defrauding the government. These Fraudulent Contractors provide defective goods, cross charge, make false certifications of services provided, charge for services not provided, charge for goods not provided, violate the Truth-in-Negotiations Act ("TINA"), and make improper cost allocations.  Whistleblowers that have independent knowledge of procurement fraud committed against the government by government contractors and subcontractors can blow the whistle on the procurement fraud and if they are the first to provide notice of the fraud can recover a large financial reward for helping the government identify and stop procurement fraud.

 For more information on these whistleblower reward lawsuits, please go to the following web pages: Whistleblower Reward Lawsuits and Government Contractor Fraud Lawsuits.

Wednesday, April 4, 2018

Texas Intellectual Property Business Litigation Lawyer Handles Contingent Business Litigation Cases Offering Contingent, Hourly, and Hybrid Business Litigation Contracts by Texas Intellectual Property Business Lawyer

Texas Intellectual Property Business Litigation Lawyer Handles Contingent Business Litigation Cases Offering Contingent, Hourly, and Hybrid Business Litigation Contracts by Texas Intellectual Property Business Lawyer Jason S. Coomer 

Texas Business Litigation Lawyer Jason Coomer works with clients from throughout the United States and the World on intellectual property business litigation. In doing so, he understands that many businesses and individuals require contingent contracts or hybrid contract to properly litigate their cases. As such, he commonly reviews large intellectual property business litigation cases to determine if he and his co-counsel can take a case on a contingent or a hybrid contract. In reviewing these cases, he needs to be able to review sufficient evidence that show there is a likelihood to win significant damages if he and/or his co-counsel take a case. In handling large contingent business litigation cases, he commonly works with other Business Litigation Lawyers throughout the United States and the World. For more information on Intellectual Property Business Litigation Lawsuits, please go to the follow web site: Intellectual Property Business Litigation Lawsuit Information.

Texas Business Litigation Can Include A Large Variety of Potential Issues From Business Torts and Breach of Contract to Intellectual Property and Real Estate Disputes

Texas Business Litigation can include a variety of issues including breaches of contract, patent infringement, business fraud, misrepresentation, trade secret theft, breach of fiduciary duty, commercial lease disputes, unfair competition claims, intentional interference with business contracts, shareholder suppression, partnership disputes, and business dissolutions.  Below are some of links to some of the more common areas of business litigation:

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.