Since the late 1980s government contractors have been getting sued under federal laws and the whistleblowers coming forward with the claims have been receiving billions of dollars from the lawsuits. The topic has been receiving a lot of attention in the media lately after the new Dodd-Frank financial reform law surfaced.
The new law calls for bigger payouts from the Securities and Exchange Commission if a violation is reported that results in at least $1 million dollars in sanctions. The last three years awards have been steadily increasing and last year hit a record high of $385 million. Opposition comes from employers who would rather their employees follow internal company policies for reporting problems like fraud and groups that call for caps on these payouts.
The personal injury practice group of Parker Scheer LLP has successfully handled all kinds false claims and fraud cases. Our experienced attorneys offer top-tier legal representation to our clients, and we would like to help you. If you have had a problem on the job or would like to speak to someone about your employers policies, contact our lawyers for a free confidential case review and receive a response within hours, or call toll free 866-414-0400.