Law360 Seeks Garrett’s Comment on SEC Whistleblower Payout
Law360 recently sought Graves Garrett Partner Nathan Garrett’s opinion on a record award of $30 million to a corporate whistleblower by the U.S. Securities and Exchange Commission — the largest made by the SEC’s whistleblower program to date.
Garrett, a former federal prosecutor and FBI Special Agent, responded to the inquiry by explaining that the publicity surrounding the case and the record award will “elevate the interest of prospective whistleblowers across the federal spectrum.”
“But, with the good comes the bad, and the amount of useless, misleading or otherwise unreliable information will increase at an equally accelerated rate,” Garrett said. “I assure you, there are federal prosecutors lamenting this decision. While the stick has always been well defined, the carrot has new meaning.”
Garrett has an extensive level of experience representing companies and individuals in False Claims Act (“qui tam” and “whistleblower”) cases across a number of jurisdictions. Leveraging his experience in internal leadership roles within the Department of Justice and Federal Bureau of Investigation, Garrett is recognized as a leader for his prosecution and defense of whistleblower cases involving suspected fraud against the United States.
Read the full Law360 article here.
Graves Garrett, LLC, represents businesses and executives nationwide in commercial litigation, white collar criminal defense litigation, and all levels of legal compliance. The firm offers comprehensive and creative solutions to complex legal problems along with unparalleled client service and a true commitment to obtaining the best result possible.