Drug Company Illegal Kickbacks Can Be The Basis of Large Whistleblower Rewards by Drug Company Whistleblower Reward Lawyer

Drug Company Illegal Kickbacks and Other Violations of the Anti-Kickback Statute Can Be The Basis of Large Financial Rewards for Whistleblowers Who Properly Expose Kickback Schemes by Drug Company Whistleblower Reward Lawyer Jason S. Coomer

The Anti-Kickback statute prohibits any person or business entity from making or accepting payment to induce or reward any person for referring, recommending or arranging for the purchase of any item or service for which payment may be made under a federally-funded health care program. These federally-funded programs include Medicare and Medicaid.  The statute prohibits kickbacks, bribes, inducements, rewards, and other economic incentives that induce physicians to refer patients for services or recommend purchase of medical supplies including drugs that will be reimbursable under government health care programs.  For more information on this topic, please go to the following web page: Pharmaceutical Company Illegal Kickback Lawyer Represents Health Care Professionals Expose Illegal Drug Company Kickbacks and Collect Rewards.

Pharmaceutical Professionals, Pharmacists, and Other Health Care Professionals Are Encouraged Through Large Financial Rewards to Expose Drug Company Kickback Schemes  

Health Care Whistleblower Reward Lawsuits are the most effective method for identifying and preventing large scale health care fraud against the government.  As such, the United States and several states have enacted health care whistleblower reward laws that harness the power of economic incentives by offering large monetary rewards to whistleblowers that properly report significant fraud.

Health care professionals including pharmacists, pharmaceutical professionals, physicians, nurses, hospital administrators, compliance professionals, Medicare coders, and Medicare reimbursement managers can earn large financial rewards for properly exposing drug company kickbacks and other forms of health care fraud.  By coming forward and reporting drug company illegal kickbacks, health care professionals can receive large financial rewards based on the amount of money the government can collect from the drug companies.  Some past recoveries by the Federal and State Governments have been in the Billions of Dollars while other recoveries have been in the Hundreds of Millions of Dollars.  Under the Federal False Claims Act, these whistleblowers or relators can recover 15 to 25 percent of the proceeds of a successful suit, if the United States intervenes in the qui tam action, and up to 30 percent, if the government declines and the relator pursues the action alone.

For more information on this topic, please go to the following web page: Expose Health Care Fraud and Confidential Reviews of Whistleblower Reward Lawsuits and Health Care Fraud Whistleblower Reward Lawsuit Information.

Texas Fiduciary Rule Lawyer Represents People That Have Lost Retirement Funds by Texas Fiduciary Rule Lawyer and Texas Lost Retirement Lawyer

Texas Fiduciary Rule Lawyer Represents People That Have Lost Retirement Funds Through Financial Advisors, Brokers, and Other Financial Professionals Who Have Committed Fraud or Violated Their Fiduciary Duty by Texas Fiduciary Rule Lawyer and Texas Lost Retirement Lawyer Jason S. Coomer

The Department of Labor (DOL) Fiduciary Rule is a new ruling, originally scheduled to be phased in from April 10, 2017 to Jan. 1, 2018, but now delayed until June 9, 2017 including a transition period for the applicability of certain exemptions to the rule extending through Jan. 1, 2018.   The rule expands the investment advice fiduciary definition under the Employee Retirement Income Security Act of 1974 (ERISA). If this sweeping legislation (1,023 pages in length) is not stopped outright, it will automatically elevate all financial professionals who work with retirement plans or provide retirement planning advice to the level of a fiduciary, bound legally and ethically to meet the standards of that status. While the new rules are likely to have at least some impact on all financial advisors, it is expected that those who work on commission, such as brokers and insurance agents, will be impacted the most.

This Fiduciary Rule is designed to protect investors from financial advisors, brokers, and other financial professionals who are looking out for their own interests over the interests of their clients.  If you have lost your retirement funds, life savings, or a large amount of money through misappropriation of funds by a financial professional including broker fraud, broker negligence, careless investment advice, deceptive investment advice, inadequate risk warnings, churning, or other unethical broker wrongful acts, it is important to understand your potential options of recovery and investigate if fraud, breach of fiduciary duty, or negligence has occurred.  For more information on this topic, please go to the following web page: Texas Fiduciary Rule Lawyer and Texas Lost Retirement Fund Lawyer.

Texas Courts Have Already Ruled for the Department of Labor Regarding The Fiduciary Rule 

A Texas federal trial court has already ruled in favor of the Labor Department's Fiduciary Rule and this Fiduciary Rule is likely to become the law in Texas as well as throughout the United States.  In the Texas case, the Texas court found that in "the Employee Retirement Income Security Act, Congress did speak clearly, and assigned the DOL the power to regulate a significant portion of the American economy, which the DOL has done since the statute was enacted."  In other words, the Texas Court has ruled that Congress gave the DOL broad discretion to use its expertise and to weigh policy concerns when deciding how best to protect retirement investors from conflicted transactions.  In this case, the DOL has decided to protect retirement investors from financial professionals who are putting their own interests before their investors.

In addition to the Fiduciary Rule, the SEC has set up Whistleblower Bounty Actions to protect investors from securities and investment fraud.  Below is an explanation of these rules.

SEC Whistleblower Bounty Actions Are Designed to Encourage Persons With Knowledge of Investment Fraud and Significant SEC Violations To Confidentially Expose Fraud By Offering Large Financial Rewards For People That Are The Original Source of Information That Expose The Fraud

SEC Fraud Whistleblower Lawsuits or SEC Bounty Actions are a product of the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act.  These laws were designed to create bounties that can be collected by whistleblowers that properly report SEC violations, financial fraud, securities fraud, commodities fraud, and stimulus fraud that result in monetary sanctions over one million dollars ($1,000,000.00).  The SEC can award the whistleblower up to 30% of the money collected.

Persons that report this fraud through an attorney can remain anonymous and still collect a large reward through their attorney.  By creating anonymous whistleblower bounties, the SEC expects investors and people with specific information of fraud to expose hard to detect fraud and to help regulate the financial market and prevent large investment corporations, banks, hedge funds, and other large corporations from committing financial fraud of billions of dollars.  For more information, please feel free to contact Bounty Action Lawyer Jason S. Coomer or go to the following web page, SEC Bounty Action Lawsuits.

Hospital Kickback Lawyer Represents Medical Professionals Who Want to Expose Illegal Kickbacks and Earn Rewards by Texas Hospital Kickback Lawyer

Hospital Kickback Lawyer Represents Medical Professionals Who Want to Expose Illegal Kickbacks and Earn Financial Rewards by Texas Hospital Kickback Lawyer Jason S. Coomer

The Anti-Kickback statute prohibits any person or business entity from making or accepting payment to induce or reward any person for referring, recommending or arranging for the purchase of any item or service for which payment may be made under a federally-funded health care program. The statute prohibits kickbacks, bribes, inducements, rewards, and other economic incentives that induce physicians to refer patients for services or recommend purchase of medical supplies that will be reimbursable under government health care programs. For more information on this topic, please go to the following web pages: Expose Hospital Kickbacks and Earn Financial Rewards, Expose Hospital System Fraud and Earn Financial Rewards, and Report Hospital Billing Fraud.

The United States Is Offering Large Rewards to Medical Professionals Who Properly Expose Illegal Kickbacks and Significant Health Care Fraud

Health Care Fraud is one of the fastest growing crimes.  It is estimated that health care fraud in the United States has increased to over two hundred billion dollars ($200,000,000,000.00) each year and is continuing to increase each year. Health Care Fraud includes Medicare billing scams and Medicaid billing scams.  Examples of these types of health care fraud include upcoding, double billing, billing for unnecessary services, billing for services not needed, and billing for services not provided. To combat Medicare fraud scams and Medicaid fraud scams, the United States government has amended the Federal False Claims Act to encourage medical professionals to step up and blow the whistle on Medicare fraud and Medicaid fraud. Medicare Fraud Whistleblowers and Medicaid Fraud Whistleblowers that are the original source of specialized knowledge of large health care fraud scam can make substantial recoveries if they are the first to file a successful qui tam claim under the Federal False Claims Act.

Health care administrators, doctors, nurses, and therapists are stepping forward and blowing the whistle on Tricare, the Veterans' Administration (VA), and Medicare billing fraud including manipulation of outlier payments to Medicare, kickbacks, upcoding, or bill padding. These health care professionals are commonly working with a lawyer to make sure that the fraud is properly exposed and to protect their career.

Texas Securities Fraud Lawyer Helps Investors and Financial Professionals Properly Expose Securities Fraud and Earn Financial Rewards by Texas Securities Fraud Lawyer

Texas Securities Fraud Lawyer and Texas Bounty Action Reward Lawyer Helps Investors and Financial Professionals Properly Expose Securities Fraud and Earn Financial Rewards by Texas Securities Fraud Lawyer Jason S. Coomer

Securities fraud, also known as stock fraud and investment fraud, is the unlawful practice of inducing investors to make investment decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws.  Securities fraud whistleblower lawsuits include deceptive practices in the stock and commodity markets, and occur when investors are enticed to part with their money based on fraudulent misrepresentations.  Securities fraud whistleblower lawsuits include outright theft from investors and misstatements on a public company's financial reports as well as a wide range of other actions, including insider trading, front running and other illegal acts on the trading floor of a stock or commodity exchange.  For more information on Securities Fraud, please go to the following web page: Texas Securities Fraud Lawyer and Texas Securities Fraud Whistleblower Reward Lawyer.

Bounty Action Reward Laws Offer Large Financial Incentives to Investors and Financial Professionals Who Properly Expose Significant Securities 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.    For more information on Securities Fraud, please go to the following web page: SEC Bounty Action Lawyer Confidentially Reviews Securities & Commodities Fraud Whistleblower Reward Bounty Actions.

Texas Oil Investment Fraud Lawyer Represents Investors Who Have Lost Significant Investments In Fraudulent Oil Investment Schemes by Texas Oil Investment Fraud Lawyer

Texas Oil Investment Fraud Lawyer Represents Investors Who Have Lost Significant Investments In Fraudulent Oil Investment Schemes by Texas Oil Investment Fraud Lawyer Jason S. Coomer

Texas Oil Investment Fraud Lawyer Jason S. Coomer helps investors who have lost significant investments fraud oil investment fraud as well as investors and oil professionals who have original information of significant oil investment fraud schemes.  For more information on Texas Oil Investment Fraud Lawsuits, please feel free to go to the following web pages: Oil Company Accounting Fraud and Oil Investment Fraud Lawyer.

Oil Investment Fraud Can Include Stock Fraud and Be The Basis of Securities Fraud Actions

Securities fraud, also known as stock fraud and investment fraud, is the unlawful practice of inducing investors to make investment decisions on the basis of false accounting information, frequently resulting in losses, in violation of the securities laws and commodity future market laws.  Oil company whistleblower, petroleum accountant whistleblower, and petroleum executive whistleblower bounty action lawsuits include deceptive practices in the stock and commodity markets, and occur when investors are enticed to part with their money based on fraudulent misrepresentations. 

Securities fraud whistleblower lawsuits include outright theft from investors, theft from working interest owners, illegal kickbacks, under reporting of royalties, and misstatements on a public company's financial reports as well as a wide range of other actions, including insider trading, front running and other illegal acts on the trading floor of a stock or commodity exchange.  Evidence for a securities fraud whistleblower lawsuit may include:

False or misleading information on a company's financial statement;
False or misleading information on Securities and Exchange Commission (SEC) filings;
Lying to corporate auditors;
Insider trading;
Stock manipulation schemes;
Embezzlement by stockbrokers;
Manipulation of a security’s price or volume;
Fraudulent or unregistered offer or sale of securities, including Ponzi schemes, high yield investment programs or other investment programs;
Brokerage Account and Retirement Account Fraud;
False or misleading statements about a company;
Failure to file required reports with the SEC;
Abusive naked short selling;
Theft or misappropriation of funds or securities;
Fraudulent conduct or other problems associated with municipal securities transactions or public pension plans; and
Bribery of foreign officials

If you have lost a significant investment in an oil investment fraud scheme or have original evidence of an oil fraud scheme, it may be beneficial to contact an attorney to review your situation to determine if securities fraud might have occurred.