Securities Fraud Whistleblower Reward

Securities Fraud, Commodities Fraud, and Investment Fraud Can Be The Basis of Large Whistleblower Reward Bounty Actions by Securities Fraud Whistleblower Reward Lawyer and Investment Fraud Bounty Action Lawyer Jason S. Coomer

SEC Bounty Actions offer large financial rewards to individuals who properly expose securities fraud and other forms of investment fraud.  Further, these Bounty Actions allow professionals to anonymously expose fraud through an attorney while protecting their identity and seek a financial reward. However, these laws are first to file laws and require original information or specialized information. In other words, the first whistleblower who properly exposes the fraud gets the reward. The first step for many professionals who want to expose fraud is to have a lawyer confidentially review their potential case. The lawyer can also provide advice as to which laws may apply and the strength of the potential case.

For more information on this area of law, please review the Whistleblower Reward Lawsuit and Bounty Action Information on this web site or please feel free to contact Securities Fraud Whistleblower Reward Lawyer and Investment Fraud Bounty Action Lawyer, Jason S. Coomer via e-mail message. or use our Submission Form.

Securities Fraud Whistleblower Reward: Investment chart displayed on laptop.

Bounty Actions Expose Securities Fraud, Commodities Fraud, and other Forms of Investment Fraud

With the success of the Federal False Claims Act and several state false claims act, the United States has enacted Bounty Actions. These reward Laws expose investment fraud, commodities fraud, and securities fraud. These Bounty Action Whistleblower Reward Laws are section 21F of the Securities Exchange Act (SEC Whistleblower Bounty Actions), and section 23 of the Commodity Exchange Act (CFTC Whisteblower Bounty Actions). These laws passed in the wake of Financial Market Melt Down in 2008. More specifically, these laws are a response to massive fraud in the financial markets. For this reason, investment fraud, securities fraud, SEC violations, commodity futures fraud, violations of the foreign corrupt practices act, and other financial fraud are targets of these laws. These whistleblower reward laws protect whistleblowers that step up and blow the whistle on financial fraud. More specifically these whistleblower recovery laws encourage people with specialized knowledge of significant fraud to expose the fraud

Types of SEC Bounty Actions and CFTC Bounty Actions

As a SEC Bounty Action Lawyer and CFTC Bounty Action Lawyer, Jason Coomer works with CFTC whistleblowers and SEC whistleblowers. More specifically, he confidentially gathers information regarding several different types of financial fraud and investment fraud. He then determines if the fraud can be the basis for these bounty actions. For more information on SEC Whistleblower Reward Bounty Actions and CFTC Whistleblower Reward Bounty Actions, please feel to go to the following web pages:

Foreign Corrupt Practices Act Whistleblowers

The Foreign Corrupt Practices Act and the new SEC Whistleblower Incentive Program work together to reward whistleblowers with original and specialized knowledge and evidence of international business corporate bribery and illegal kickbacks. These new international business whistleblower reward laws are also part of a worldwide movement to expose and punish government corruption. Examples of this corruption include contract bribes, illegal kickbacks, and large scale international fraud. These Foreign Corrupt Practices Act laws prevent government corruption in many countries including Russia, China , Mexico, and Brazil.

Employee Whistleblowers Can Anonymously Expose SEC Violations, CEA Violations, and Other Types of Investment Fraud

Employee whistleblower recovery laws in the United States encourage employees with specialized knowledge of fraud to blow the whistle on significant fraud. These employee whistleblower recovery laws also provide strong whistleblower protections and large economic incentives to employee whistleblowers. For more information on Employee Whistleblower Laws, please go to the following web page, Employee Whistleblower Award & Recovery Lawsuits.

Bounty Actions are Extremely Effective in Exposing and Preventing Market Fraud

Bounty Actions offer large financial awards and economic incentives to persons with knowledge of significant fraud. The anonymous rewards encourage financial professionals and investors to expose fraud. When the government offers economic rewards to private citizens for exposing fraud and crimes, such rewards are called “Bounty Actions”. In these actions, the whistleblower is not a party to any lawsuit. The whistleblower only provides information to the government.

Bounty Actions are based on the theory that one of the least expensive and most effective means of preventing fraud are bounties. More specifically, the government uses the public to identify fraud and illegal conduct.

Anonymous Bounty Actions Expose Market Fraud

SEC Bounty Actions and CFTC Bounty Actions detect and expose fraud in the financial markets. More specifically, these laws set up supplement government regulation and enforcement by encouraging whistleblowers to expose fraud. For this reason, financials professionals with specialized knowledge of significant fraudulent schemes are a main target.

These Bounty Actions are a response to large scale fraud that almost collapsed the world financial markets. Further, these new bounty actions work under the same premise as extremely successful qui tam whisleblower reward laws.

For more information on whistleblower reward lawsuits, please go to the following web page on Whistleblower Recovery Lawsuits

History of Whistleblowers Lawsuits, Government Fraud Lawsuits, and Qui Tam Lawsuits

Governments have long had trouble with unscrupulous government contractors defrauding the government. Examples of this fraud include providing defective goods, over billing services, and seeking payment for goods and services never provided. For this reason, the solution that many governments have created is to set up economic incentives for the public to expose fraud. In other words, they offer rewards to whistleblowers with inside information of fraudulent government contracts to blow the whistle on fraud.

Qui tam actions were used in the 13th century England as a way to enforce the King’s laws. Further, these actions have existed in the United States since colonial times, and were embraced by the first U.S. Congress as a way to enforce the laws when the new federal government had virtually no law enforcement officers.

During the Civil War, corrupt military contractors were defrauding the United States Army out of hundreds of thousands of dollars and putting troops at risk by supplying troops with defective products and faulty war equipment. Illegal price gouging was also a common practice and the armed forces of the United States suffered. In response, Abraham Lincoln enacted the Federal Civil False Claims Act. A key provision of the act was known as qui tam.

However, the laws were weakened in 1943 during World War II while the government rushed to sign large military procurement contracts. However, it was strengthened again in 1986 after a long period of and increase in military spending as well as many stories of defense contractor price gouging and government waste.

Qui Tam Whistleblower Reward Lawsuits and Whistleblower Reward Lawsuits from Medicare Whistleblower Reward Lawyer, Medicaid Whistleblower Reward False Claims Act Lawyer, Defense Contractor Fraud Whistleblower Reward Lawyer, Whistleblower Reward SEC Bounty Action Lawyer, and Whistleblower Reward CFTC Lawyer

Under Federal law, whistleblower recoveries can come through four different whistleblower recovery laws. Federal False Claims Act is the oldest of the laws and under this law the Federal Government has brought in approximately $30 Billion. Further, under this law successful whistleblowers have been awarded over $3 Billion. Moreover, these whistleblower rewards will probably increase in the future.

Qui Tam Whistleblower Reward Lawsuits and Bounty Action Whistleblower Reward Lawsuits by Qui Tam Whistleblower Reward Lawyer, Federal False Claims Act Lawyer, and Bounty Action Whistleblower Reward Lawyer

Through Qui Tam Whistleblower Reward Lawsuits billions of dollars have recovered from fraudulent government contractors. Further these criminals have stolen large amounts of money from the government and taxpayers. For this reason, it is extremely important that Whistleblowers continue to expose fraud and corruption that cost billions of dollars.

If you are aware of a large government contractor that is defrauding the United States Government out of millions or billions of dollars, contact Qui Tam Whistleblower Reward Lawyer and Bounty Action Whistleblower Reward Lawyer Qui Tam Whistleblower Reward Lawyer and Bounty Action Whistleblower Reward Lawyer Jason Coomer. As a Texas Whistle Blower Lawyer, he works with other powerful qui tam lawyers that handle large Government Fraud cases. He works with San Antonio Whistleblower Lawyers, Dallas Whistleblower Lawyers, Houston Government Fraud Lawyers, and other Texas Whistleblower Lawyers as well as with Whistleblower Lawyers throughout the nation to blow the whistle on fraud that hurts the United States and taxpayers.