Hagens Berman litigates whistleblower cases under four different federal programs, as well as a number of states’ programs modeled upon the federal False Claims Act. Each program has its own eligibility requirements and different provisions for whistleblower rewards.
The programs include:
The False Claims Act (FCA): Under this federal act, whistleblowers are rewarded for information about fraud committed against the government. The law was originally passed during the American Civil War to protect the union from contractors who sold substandard supplies, such as broken guns or spoiled rations.
Commodities Futures Trading Commission (CFTC): This commission oversees trading of commodity futures and other complex financial packages. Whistleblowers who report fraud in these markets can file a report with the CFTC and, if the commission successfully collects funds as part of an enforcement action, the whistleblower may be eligible for a reward.
Securities and Exchange Commission (SEC): The SEC oversees the stock market in the United States. Whistleblowers who report fraud, including violations of the Securities Exchange Act, such as false or misleading statements to investors, may be eligible for a portion of the proceeds of a successful enforcement action initiated by the SEC.
IRS Whistleblower Program: As part of its mission to catch and prosecute tax cheats, the IRS offers rewards for individuals who provide original information that leads to a recovery of unpaid taxes.