Andy Rickman was recently quoted in TechCentral discussing the Dodd-Frank Act’s reward program and how tech whistleblowers who report corruption may be entitled to millions in rewards. TechCentral has been leading the reporting on corruption in South Africa’s technology sector. Below is one of the applicable paragraphs from TechCentral’s story.
“Approached for comment, specialist US attorneys Andy Rickman and Chris Connors told TechCentral that US-traded companies may face “significant penalties” — in some cases up to hundreds of millions of dollars — for violating the US Foreign Corrupt Practices Act. “Whistle-blowers who report corruption relating to technology companies may receive 10-30% of the entire penalty levied upon the company by the US government, resulting in multimillion-dollar rewards,” they said in e-mailed comments. Rickman and Connors specialise in getting rewards for whistle-blowers who report corruption under a piece of legislation known as the Dodd-Frank Wall Street Reform and Consumer Protection Act.”
The entire article can be viewed here.