Maria Luevano

Aug 9, 2024 | jdsupra.com | Jonathan Barr |Patrick Campbell |Maria Luevano

As foreshadowed by Deputy Attorney General Lisa Monaco during the ABA White Collar Crime conference last March,[1] on August 1, 2024. the Department of Justice’s (DOJ or Department) Criminal Division launched the Corporate Whistleblower Awards Pilot Program (Pilot Program).

Aug 8, 2024 | lexology.com | Jonathan Barr |Jonathan B. New |Patrick Campbell |Lauren Weinberg |Maria Luevano

As foreshadowed by Deputy Attorney General Lisa Monaco during the ABA White Collar Crime conference last March,[1] on August 1, 2024. the Department of Justice’s (DOJ or Department) Criminal Division launched the Corporate Whistleblower Awards Pilot Program (Pilot Program).

Apr 17, 2024 | jdsupra.com | Jonathan Barr |Jimmy Fokas |Maria Luevano

Key Takeaways A jury found a former executive liable for insider trading in a first-of-its-kind U.S. Securities and Exchange Commission (SEC)-initiated insider trading enforcement action premised on a “shadow trading” liability theory. The jury found that the executive had breached a duty of “trust, confidence or confidentiality” by purchasing stock in a competitor company based on nonpublic information about his company’s upcoming acquisition.

Mar 18, 2024 | lexology.com | Jonathan B. New |CARLOS ORTIZ |Jonathan Barr |Patrick Campbell |Maria Luevano |Madison Gaudreau | +1 more

Key Takeaways:DOJ’s clear focus on anticorruption efforts and incentivizing case referrals continues with the announcement that the department will be rolling out a new whistleblowing program with references to the program’s applicability to the Foreign Corrupt Practices Act and Foreign Extortion Prevention Act.

Jan 23, 2024 | jdsupra.com | Jonathan Barr |Todd H. Lebowitz |Maria Luevano

Key Takeaways Employers’ confidentiality, severance, and nondisparagement agreements must include carveouts to comply with federal whistleblower laws. Employers cannot prohibit employees from disclosing confidential or disparaging information to government regulators. The SEC is stepping up enforcement and imposing substantial fines for violations. Employers should check their confidentiality and severance agreements for a common oversight that, for some, is becoming a costly error.