Daily News | Vanguard ‘whistleblower’ sues SEC, cites signs company gave up billions in untaxed funds
. Danon’s petition accuses the SEC of showing a lack of “good faith” in taking so long to decide if he has a basis for a federal claim, as well. The SEC declined to comment on the case.
He said Congress, in the Dodd-Frank Act of 2010, intended to “empower” employees who risk their careers to report wrongdoing by giving them powerful cash incentives, as at other agencies. But the SEC has instead used the program “to generate press releases” about rare awards, while frequently using tipsters’ information, or passing it along to other enforcement agencies, and ignoring the tipsters’ pleas for protection and pay, Singer said.
Danon also has a complaint pending that he was fired illegally in retaliation for telling the truth about the company’s tax practices. Vanguard lawyers have said he was terminated for not performing his job as assigned, including during the period before he approached the feds. They have noted that his earlier retaliation claimReached at his Chester County home, Danon declined to comment on whether a similar action for a portion of payments would be filed at the IRS. His lawyers — Anthony J.
Danon also supplied information to the IRS. In the appeals court filing, Danon said he “was doing his job in speaking up about this illegality that not only violated federal tax laws,” but also broke U.S. securities laws, leaving its SEC public filings “materially misleading” to investors. He continued giving the SEC information after his firing. In 2015 and 2016, according to the petition, he worked with the head of the SEC Office of the Whistleblower and a senior lawyer in the SEC Department of Enforcement. But the chief left for a job at a defense law firm that year. Since then, according to Danon’s petition, the SEC failed to keep his lawyers informed of his whistleblower application.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Trump presses his claim of legal immunity from Jan. 6 lawsuitsLawyers for former President Trump are urging a federal appeals court to rule that he cannot be sued for allegedly inciting the 2021 riot at the U.S. Capitol because he has total immunity from such lawsuits.
Weiterlesen »
Britney Spears Doesn’t Have To Give Deposition In Ongoing Battle With Father Over Funds & Conservatorship FalloutThe legal tussle with her father and former business manager is far from over, but Britney Spears will not have to face her foes’ lawyers directly any time soon. At an ongoing hearing in downtown L…
Weiterlesen »
Web3 Registrar Unstoppable Domains Secures $65 Million FundingThe equity funding round has helped the firm to achieve unicorn status.
Weiterlesen »
The Legendary Status of Taco Bell in Rap LyricsTaco Bell has achieved legendary status in rap lyrics. tacobell
Weiterlesen »
168 Questions to Ask Friends That Are Fun, Personal, and DeepReady to achieve BFF status?
Weiterlesen »