The National Highway Traffic Safety Administration (NHTSA) launched a new website on June 14. Its goal is to make it easier for employees of motor vehicle manufacturers, parts suppliers and dealerships to provide information to the federal agency, which among other...
Month: June 2021
What is fiduciary duty?
Fiduciary involves legal duties and obligations between partners, businesses and clients, and corporations and their employees. There is payment to perform these fiduciary duties. For example, clients hire a money manager to look after the client’s financial...
SEC issues record awards in Q4 of 2020
The amount of whistleblower money issued by the SEC has trended up recently, but $176 million in the fourth quarter of 2020 was a high-water mark. It matched nearly the entire amount given in 2019, which was itself a record-setting year. Since creating an investor...
A brief history of qui tam lawsuits
The term “qui tam” has a long history in the law. The term itself is an abbreviation of a Latin phrase meaning “to sue in the name of the king” and came to the U.S. via English common law. Essentially, it allows an individual to act on behalf of the government to end...