Week 3 Assignment 1: Whistleblowing and Sarbanes-Oxley Shirmere N. Gardner Dr. Susan Gerber LEG 500: Law, Ethics & Corporate Governance January 25, 2015 Abstract This text will examine the key characteristics of a whistleblower, as well as the details surrounding the JPMorgan whistleblowing event. The extent to which whistleblowers are protected under the Sarbanes-Oxley Act (SOX) will also be elaborated. Key Characteristics of a Whistleblower Whistleblowers
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Whistleblowing LEG 500 Whistleblowing in a Publicly Traded Company Whistleblowing implies the imperative necessity to alert others (company) about immorality issues, including illegal activity, happening inside the organization. For the employee who decides to blow the whistle “usually brings to he/she undesirable consequences.” Some consequences are like threats, loss of employment, and social rejection. (Chiu,R. 2003) Whistleblower Traits Whistleblowers are characterized by strong
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Dealing with Fraud Liquid Professor Beharry Health Care Policy, Law, and Ethics March 18, 2013 Abstract This paper will evaluate how the Healthcare Qui Tam affects health care organizations while providing (4) examples of Qui Tam cases that exist in a variety of health care organizations. Other responsibilities discussed, are devising a procedure for admission into a health care facility that upholds the law about the required number of Medicare and Medicaid referrals; the ability
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cons now. “Filing a qui tam or whistleblower suit is not for the light-hearted. In addition to the stress and anxiety associated with reporting a fraud, qui tam cases are filed under court seal. This prohibits the whistleblower from disclosing the existence of the lawsuit to anyone. The purpose of the seal is to allow the government to covertly investigate the allegations made in the whistleblower’s case. Conversely, once the government completes its investigation, the qui tam case will eventually be
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Whistleblowing and Sarbanes-Oxley This document will describe the key characteristics of a whistleblower and briefly summarize on researched instance of Whistleblowing in one publically traded company within the last 12 months. It will include the details of the issue that the whistleblower reported and the effect of the whistleblower’s actions on both herself and the company. Next, it will evaluate whether or not the whistleblower was justified in reporting the company’s actions. Lastly, it will
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12/6/14 Should Whistleblowers Be Protected? * Introduction The corruption rate in a community that does not support or protect reporting illegal activities is significantly high. Employees who work in public or private organizations are the first to identify wrongdoings in a workplace since they have up-to-date information. Whistleblowing can be an essential tool to identify and report these actions in the public, private and non-profit sectors. However, by revealing wrongdoings, whistleblowers
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Assignment 1: Whistleblowing and Sarbanes-Oxley The key characteristics of a whistle-blower are honesty and fearlessness. Whistle-blowing requires a person to have tenacity and a fighting spirit because those who take the action to Whistleblowing are in for a long, tough road. Whistle-blowers are often put under public scrutiny, shunned by co-workers and communities, and go through long strenuous legal battles before seeing any justice served. Whistleblowers also must combat retaliation
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September 13, 2015 Amgen Whistleblowing Case ACCT 530 Ethical Obligations and Decision Making in Accounting Lisa Moreaux Amgen Inc. is a pharmaceutical company based out of California. In 2009, there were 15 states that filed lawsuits against the company for accusations of participating in Medicaid kickback schemes. In 2007, Amgen’s board of directors discovered a potential problem with the dealings of post-market complaints regarding their drugs. Amgen was out to push the sale of
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Simply put a whistleblower is a person “who discloses improper or criminal activity within an organization” (Business Dictionary, 2016). These employees decide, despite knowing that they could be ostracized by co-workers and superiors alike, to report any known illegal activities, essentially blowing the whistle on foul play. When an employee is privy to information that details the operations of the organization or that of a partner organization due to their position they have the legal right
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Financial Laws Theodore Gladney Health Services Finance Professor: Alison Williams Financial Laws Five Elements Pertaining To the Establishment of a False Claim under the False Claims Act The five elements necessary to establish a false claim must determine that the claim was in breach of State laws. It must be proved beyond reasonable doubt that the claim was false, fraudulent or fictitious and made for a monetary benefit. The false claim is established when an individual is in possession
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