Our international whistleblower attorneys represent Illinoisans in securities, commodities, and Illinois state False Claims Act cases.
Our attorneys represent clients in cases involving securities violations, government contracting fraud, tax evasion, or healthcare-related fraud under the Illinois False Claims Act. Since 1988, our team has been offering legal representation with expert knowledge of federal and state whistleblower laws.
Illinoisans who know of violations of Illinois False Claims may file a qui tam lawsuit, which covers many different types of violations, including healthcare. Those who aid the state in a succesful case may be eligible to receive between 15 and 25 percent over the recovery in cases where the state intervenes. If the state doesn’t intervene and the whistleblower decides to do it alone, the rewards can be anywhere between 25 and 30 percent.
The Illinois False Claims Act applies to universities, counties, and municipalities among others. And in the state of Illinois, an employer cannot terminate an employee for a reason that violates mandated public policy. To learn more about this law, please learn about Illinois Whistleblower Law.
Whistleblower Reward Programs
There are many laws that protect and award whistleblowers for their information. In the following section, we provide an overview of the most effective and beneficial whistleblower laws:
SEC Whistleblower Program
Under the Dodd-Frank Act, the SEC provides anonmity and protection for a whistleblower. Compensation ranges between 10 to 30 percent of the collected proceeds exceeding $1 million.
CFTC Whistleblower Program
As partr of the Dodd-Frank Act, the CFTC Whistleblower Program awards between 10 and 30 percent for reporting Commodity Exchange Act violations leading to successful enforcement. This law also ensures confidentiality, privacy, and protection against retaliation.
AML and Sanctions Whistleblower Program
Today’s AML laws provide incentives and protection to individuals who report money laundering and sanctions violations. Whistleblowers may receive 10% to 30% of total monetary sanctions in successful enforcement actions.
IRS Whistleblower Program
The IRS Whistleblower Program pays rewards to whistleblowers who disclose criminal and non-criminal tax fraud and evasion. The IRS Whistleblower Office, created by Congress, awards between 15 and 30 percent to whistleblowers whose information leads to tax, penalty, interest, or other recoveries from non-compliant taxpayers.
False Claims Act: Qui Tam
Under this law, whistleblowers, also known as qui tam relators, can earn between 15 and 30 percent of the funds recovered if the government decides to take the case (also known as: intervening). The False Claims Act qui tam provision has awarded over $7.3 billion since it’s inceptiuon in 1986. It has been successful in combating fraud in government contracts, and has influenced many other modern whistleblower programs.
Seeking an Illinois Whistleblower Lawyer?
We’re an international law firm with expertise in representing whistleblowers who are located all over the world, including the state of Illinois. Our attorneys are on the front lines, representing whistleblowers of the largest whistleblower cases.
Kohn, Kohn & Colapinto offers an unmatched understanding of federal whistleblower laws combined with the specific knowledge of state regulations. If you’re contemplating blowing the whistle on federal or Illinois state violations, get in touch with our team.
For a confidential, no-obligation case evaluation, please contact our firm today. We’re committed to protecting your identity and helping achieve the best outcomes for your courageous act of whistleblowing.
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Washington, D.C.
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Washington, D.C.