Following appearances in 2021 and February, 2023, SEC whistleblower attorneys Scott Silver and David Chase were again invited back to the ‘Cut To The Chase’ legal podcast. The podcast is hosted by Miami attorney and entrepreneur Gregg Goldfarb, who discusses legal and public interest news with authorities in their field.
Wealthy Russians are attempting to get their money out of the country are spending their cash on valuable assets to bypass U.S. sanctions against the country.
Following the invasion of Ukraine, The US and other countries issued multiple sanctions against Russia. Many of these are economic sanctions intended to stifle the Russian economy and pressure Russia. Continue reading ›
For a bright shining moment, it looked like WeWork was going to be the Starbucks of office space—a worldwide company offering shared drop-in workspaces that people could rent for short or long-term. But lawsuits relating to sexual harassment filed before WeWork’s Initial Public Offering hurt the burgeoning company’s reputation. More allegations began to follow, including charges of gender discrimination and wasteful spending by leadership. Then there were accusations that the workspaces being rented were unsafe: “Some were found to have unsafe levels of formaldehyde.” Soon the company’s chief executive no longer had an office at WeWork. Continue reading ›
The law is clear on this point: If you are a whistleblower who reports a possible violation to the Securities and Exchange Commission (SEC), the company cannot retaliate against you.
For example, as stated in the Dodd-Frank legislation that created the SEC whistleblower program, “No employer may discharge, demote, suspend, threaten, harass, directly or indirectly, or in any other manner discriminate against, a whistleblower in the terms and conditions of employment because of any lawful act done by the whistleblower.” Continue reading ›
Under the law, the Securities and Exchange Commission (SEC) can investigate and enforce violations of the nation’s securities laws. On the agency’s website, the SEC provides examples of conduct it is “interested in,” such as Ponzi schemes, insider trading, bribery of foreign officials, and false or misleading statements about a company in SEC reports or financial statements. But all of that seems worlds away from allegations relating to sexual harassment at a company—even if it’s a publicly-traded one. So how does the SEC get “interested” in that? Continue reading ›
Last September, the Wall Street Journal first broke the story: The Securities and Exchange Commission (SEC) was investigating Activision Blizzard Inc., relating to allegations of how the company had been handling allegations of sexual harassment and gender discrimination. The SEC was reportedly looking into allegations made against Activision, asking for documents relating to six women’s personnel files and separation agreements, board meeting minutes since 2019, and other documents relating to the allegations. Continue reading ›
In financial industry, two of the principal agencies tasked with ensuring the U.S. financial markets’ stability and integrity are the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC). The CFTC ensures that commodity futures and options exchanges have policies that protect investors in the market and ensure fair trading free from fraud and manipulation. Continue reading ›
Law.com and Daily Business Review interviewed Scott Silver, Silver Law Group’s managing partner, regarding a $1.8M SEC whistleblower award he helped secure for a client. The client provided crucial information that led the SEC to recover millions of dollars for investors.
Silver Law Group represents a Securities and Exchange Commission (SEC) whistleblower who was awarded $1.8 million by the SEC for providing information that led to the collection of millions of dollars from two brokerage firms.
The Commission said in a press release that our client, an insider, “provided information that would have been difficult to detect in the absence of the tip and provided extraordinary assistance to SEC staff resulting in the return of money to investors.” Continue reading ›