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KehoeLawFirm

$3 Million Awarded to Joint Whistleblowers by SEC

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On June 3, 2019, the Securities and Exchange Commission announced an award of $3 million to whistleblowers whose tip launched the SEC’s investigation and subsequent successful enforcement action involving an alleged securities law violation that impacted retail investors. The whistleblowers...
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$4.5 Million Awarded to Whistleblower by SEC

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On May 24, 2019, the Securities and Exchange Commission announced that it awarded more than $4.5 million to a whistleblower whose tip triggered the company to review the allegations as part of an internal investigation and subsequently report the whistleblower’s...
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Flipboard Data Breach – 2 Hacks in the Past Year

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On May 29, 2019, Forbes.com reported that “Flipboard, the hugely popular news aggregation app that is used by 150 million people each month, has been hacked. Twice. According to a security notice posted by Flipboard, what it calls ‘unauthorized access’ to databases took...
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CFTC Announces $1.5 Million Whistleblower Award

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On May 6, 2019, the Commodity Futures Trading Commission (“CFTC”) announced a whistleblower award of approximately $1.5 million to be paid to an individual whistleblower.  The CFTC announced that it granted the whistleblower’s award application for both a CFTC action...
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Adobe, Inc. – Alleged Autodialed Calls

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Kehoe Law Firm, P.C. is making consumers aware that on February 27, 2019, a class action lawsuit was filed against Adobe, Inc. (“Adobe”) in United States District Court for the Northern District of California, allegedly, for “routinely violat[ing]” the Telephone...
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$50 Million Awarded to Two Whistleblowers

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On March 26, 2019, the Securities and Exchange Commission announced awards totaling $50 million to two whistleblowers whose high-quality information assisted the agency in bringing a successful enforcement action.  One whistleblower received an award of $37 million and the other...
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Lumber Liquidators Charged with Fraud by SEC

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On March 12, 2019, the Securities and Exchange Commission announced charges against Lumber Liquidators Holdings Inc. for making fraudulent misstatements to investors.  The charges stem from Lumber Liquidators’ false public statements in response to media allegations that the company was...
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