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Entries Tagged as 'Financial Institutions Reform'

Former Ameriprise Branch Manager Files Whistleblower Lawsuit Alleging Fraud

October 20th, 2010 · No Comments

TweetAccording to the Star Tribune, former Ameriprise branch manager Michael Loscalso filed a federal lawsuit alleging he was fired in retaliation for reporting fraud and other violations of regulatory rules.  Under the Dodd-Frank Act, whistleblowers similar to Loscalso are entitled to protection from retaliation and may even be entitled to a monetary reward in return [...]

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Tags: Dodd-Frank Act · Financial Institutions Reform · SEC Whistleblower

Dodd-Frank Whistleblower Provisions Are Expected to Generate Increase in Whistleblower Litigation

August 17th, 2010 · No Comments

TweetAccording to an article in The Washington Post, the whistleblower provisions of the Dodd-Frank Act (DFA), which provide a substantial incentive to report financial fraud, are expected to generate a substantial increase in whistleblower litigation.  The DFA requires the SEC and Commodity Futures Trading Commission (CFTC) to provide a financial reward to whistleblowers who provide [...]

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Tags: Dodd-Frank Act · Financial Institutions Reform

The Employment Law Group® Speaks on Whistleblower Provisions in the Dodd-Frank Act at ALI-ABA Fall 2010 Seminar

August 3rd, 2010 · No Comments

TweetOn September 21, 2010, Jason Zuckerman, a Principal at The Employment Law Group® law firm will speak at the ALI-ABA Fall 2010 seminar on the whistleblower provisions of the recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act, which we blogged about here.  Zuckerman will discuss Sections 1057, 922 and 748 of the Dodd-Frank [...]

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Tags: Financial Institutions Reform · The Employment Law Group, P.C.

The Employment Law Group® Law Firm Publishes Article on the Whistleblower Provisions of the Dodd-Frank Act

July 21st, 2010 · No Comments

TweetThe Employment Law Group® Law Firm principals Scott Oswald and Jason Zuckerman published an article in Law360 titled “Whistleblower Provisions of the Dodd-Frank Act.”  The article discusses the whistleblower provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.  The article is available here. For more information about The Employment Law Group® [...]

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Tags: False Claims Act · Financial Institutions Reform · Sarbanes-Oxley · The Employment Law Group, P.C.

Senate Passes Financial Services Reform Bill Containing New Whistleblower Laws

May 21st, 2010 · No Comments

TweetOn May 20, 2010, the Senate passed the Restoring American Financial Stability Act of 2010 (S. 3217) by a vote of 59-39.  The bill, which is the largest overhaul of financial services regulation since the New Deal, contains several new whistleblower protection provisions and strengthens the whistleblower protection provision of the Sarbanes-Oxley Act (SOX).   This [...]

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Tags: Federal Whistleblower Legislation · Financial Institutions Reform