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Corporate

Oct. 10, 2014

Bigger whistleblower awards may loom

Last month, outgoing U.S. Attorney General Eric Holder announced a proposal to increase dramatically the size of monetary awards whistleblowers can receive under the FIRREA. By Robb Adkins and Kimberly Morris


By Robb Adkins and Kimberly Morris


Last month, outgoing U.S. Attorney General Eric Holder announced a proposal to increase dramatically the size of monetary awards whistleblowers can receive under the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA). In a speech at the New York University School of Law, Holder stated that the Department of Justice would push Congress to raise the current $1.6 million cap on rewards to whistleblowers under FIR...

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