Freedom of expression

Kirby McInerney Announces $105 Million Settlement of NY Tax False Claims Act Whistleblower Case

Retrieved on: 
Tuesday, March 2, 2021

The settlement is the largest income tax recovery under the New York False Claims Act.

Key Points: 
  • The settlement is the largest income tax recovery under the New York False Claims Act.
  • To date, New York has recovered over $577.8 million from tax False Claims Act cases since the law was amended in 2010 to permit tax claims.
  • Kirby McInerney has been one of the most active firms representing whistleblowers in tax cases under the New York False Claims Act, and has achieved groundbreaking settlements.
  • Additional information about the firms whistleblower practice can be found at the Kirby McInerney whistleblower website and the firms general website .

SEC Awards Over $500,000 to Two Whistleblowers

Retrieved on: 
Monday, March 1, 2021

Both whistleblowers provided substantial, ongoing assistance that conserved the agencies time and resources.

Key Points: 
  • Both whistleblowers provided substantial, ongoing assistance that conserved the agencies time and resources.
  • The timely reporting of credible information by these whistleblowers provided the Commission the opportunity to quickly investigate and address misconduct that was actively harming investors.
  • Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million.
  • As set forth in the Dodd-Frank Act, the Commission protects the confidentiality of whistleblowers and does not disclose any information that could reveal a whistleblowers identity.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Renewable Energy Group Inc. (REGI) on Behalf of Investors

Retrieved on: 
Friday, February 26, 2021

Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Renewable Energy Group, Inc. (Renewable Energy or the Company) (NASDAQ: REGI ) investors concerning the Company and its officers possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Renewable Energy Group, Inc. (Renewable Energy or the Company) (NASDAQ: REGI ) investors concerning the Company and its officers possible violations of the federal securities laws.
  • On February 25, 2021, after the market closed, Renewable Energy issued a press release announcing its fourth quarter and full year 2020 financial results.
  • Whistleblower Notice: Persons with non-public information regarding Renewable Energy should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.

SEC Issues Whistleblower Awards Totaling Over $1.7 Million

Retrieved on: 
Thursday, February 25, 2021

In the first order, the SEC awarded a whistleblower over $900,000 in connection with an enforcement action and a related action.

Key Points: 
  • In the first order, the SEC awarded a whistleblower over $900,000 in connection with an enforcement action and a related action.
  • The SEC has awarded approximately $752 million to 138 individuals since issuing its first award in 2012.
  • Whistleblower awards can range from 10-30%of the money collected when the monetary sanctions exceed $1 million.
  • For more information about the whistleblower program, how to report a tip, or the new whistleblower rule amendments, visit www.sec.gov/whistleblower .

Glancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of Key Tronic Corporation (KTCC) on Behalf of Investors

Retrieved on: 
Wednesday, February 17, 2021

Glancy Prongay & Murray LLP (GPM), a national investor rights law firm, continues its investigation on behalf of Key Tronic Corporation (Key Tronic or the Company) (NASDAQ: KTCC ) investors concerning the Company and its officers possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM), a national investor rights law firm, continues its investigation on behalf of Key Tronic Corporation (Key Tronic or the Company) (NASDAQ: KTCC ) investors concerning the Company and its officers possible violations of the federal securities laws.
  • Whistleblower Notice: Persons with non-public information regarding Key Tronic should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.
  • In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Jianpu Technology, Inc. (JT) on Behalf of Investors

Retrieved on: 
Wednesday, February 17, 2021

Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Jianpu Technology, Inc. (Jianpu or the Company) (NYSE: JT ) investors concerning the Companys possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Jianpu Technology, Inc. (Jianpu or the Company) (NYSE: JT ) investors concerning the Companys possible violations of the federal securities laws.
  • On February 16, 2021, Jianpu announced the results of its independent review into transactions carried out by the Credit Card Recommendation Business Unit with third-party business entities.
  • Whistleblower Notice: Persons with non-public information regarding Jianpu should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.

Government of Canada Launches Consultation on How to Implement its CUSMA Commitment to Extend Canada's General Copyright Term of Protection

Retrieved on: 
Thursday, February 11, 2021

Under the Canada-United States-Mexico Agreement (CUSMA), Canada has agreed to extend, by the end of 2022, its general copyright term of protection from 50 to 70 years after the life of the author.

Key Points: 
  • Under the Canada-United States-Mexico Agreement (CUSMA), Canada has agreed to extend, by the end of 2022, its general copyright term of protection from 50 to 70 years after the life of the author.
  • This consultation will be informed by the recent parliamentary review of the Copyright Act, and will support the development of a copyright framework that promotes a healthy marketplace.
  • The consultation will provide the public and interested stakeholders with an opportunity to discuss possible impacts and to consider measures that may address potential implications of the extended term of copyright protection.
  • Implementing our CUSMA commitment to extend the general term of copyright protection will contribute to a healthy Canadian copyright marketplace."

First Whistleblower Case Connected to "Operation Brace Yourself" Settles for $20.3 Million

Retrieved on: 
Friday, February 5, 2021

The United States will recover $20,332,516.00 in forfeited assets in this case .

Key Points: 
  • The United States will recover $20,332,516.00 in forfeited assets in this case .
  • The False Claims Act provides whistleblowers with a share of the government's recovery.
  • Here, the whistleblower is expected to receive $4,676,478.00.
  • Ms. Albright's case played a crucial part in the success of Operation Brace Yourself.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Clover Health Investments, Corp. f/k/a Social Capital Hedosophia Holdings Corp. III (CLOV, CLOVW) on Behalf of Investors

Retrieved on: 
Thursday, February 4, 2021

You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

Key Points: 
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • On February 4, 2021, Hindenburg Research released a report entitled "Clover Health: How the King of SPACs Lured Retail Investors Into a Broken Business Facing an Active, Undisclosed DOJ Investigation[.]"
  • Whistleblower Notice: Persons with non-public information regarding Clover Health should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.

DECISION DIAGNOSTICS DEADLINE ALERT: Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $300,000 In Decision Diagnostics Corp. To Contact Him Directly To Discuss Their Options

Retrieved on: 
Saturday, January 23, 2021

As alleged, at the time of these claims, Decision Diagnostics lacked a proven method for detecting the virus and had no physical testing device.

Key Points: 
  • As alleged, at the time of these claims, Decision Diagnostics lacked a proven method for detecting the virus and had no physical testing device.
  • Following the filing of the SEC Complaint, Decision Diagnostics' common share price fell$0.06per share, or 60%, to close at$0.04per share onDecember 18, 2020.
  • Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Decision Diagnostics conduct to contact the firm, including whistleblowers, former employees, shareholders and others.