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Rickman Law Group Client Awarded $4.5 Million - Dodd-Frank Rewards
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This is FCPA Whistleblower clipart.A Rickman Law Group client was awarded more than $4.5 million last week by the SEC. My Brazilian FCPA whistleblower raised internally issues concerning the company’s use of corrupt distributors to win government business.

Bloomberg’s article discussing the award of $4.5 million to my FCPA whistleblower client can be found here, and the Wall Street Journal’s article on the award can be found here.

Bloomberg’s article noted as follows: “The surgeon will get the money for playing a crucial role in helping the Securities and Exchange Commission uncover a bribery scandal at Biomet Inc. that spanned the globe, his attorneys Christopher Connors and Andy Rickman said in a Friday statement that didn’t identify the doctor by name. Today’s award will spur many would-be foreign whistleblowers to come forward now that they know that the SEC is committed to rewarding whistleblowers for tips tied to violations of the Foreign Corrupt Practices Act anti-bribery law, said Connors and Rickman.”

The SEC’s press release explained as follows: “This is the first time a claimant is being awarded under this provision of the whistleblower rules, which was designed to incentivize internal reporting by whistleblowers who also report to the SEC within 120 days.”

 

Andy Rickman is an SEC whistleblower attorney who has filed FCPA reward submissions for international clients residing in more than 50 different countries. He is based in Washington, DC where Dodd-Frank reward submissions are filed and the SEC is headquartered. Mr. Rickman offers a free consultation to anyone who would like to discuss whether he or she has a Dodd-Frank reward eligible case. Please feel free to contact him at arickman@rickmanlegal.com.