- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2023-08-25T12:53:00
An ex-Pfizer compliance officer is suing his former employer claiming wrongful termination and whistleblower retaliation after discovering the company allegedly paid $168 million to potentially influential government officials (PIGOs) in China.
Frank Han, a former director of global compliance analytics for the pharmaceuticals giant, originally filed his lawsuit in California state court before it was moved to federal court earlier this month.
From April 2019 through September 2021, Pfizer allegedly paid 10 times the amount of money on PIGOs in China than they spent elsewhere during the same time frame, the lawsuit alleged. Out of the $168 million, $138 million went to corporate sponsorships, the lawsuit stated. Han said he uncovered the data from a fraud detection algorithm he developed to analyze the company’s global external funding.
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2023-09-26T20:29:00Z By Jeff Dale
The ex-chief compliance officer at Payqwick, a California-based money transmitter that serviced the cannabis industry, is suing her former employer alleging wrongful termination and whistleblower retaliation over lax disclosures related to an acquisition.
2023-09-01T18:37:00Z By Kyle Brasseur
A Foreign Corrupt Practices Act review published by the Department of Justice offers further clarity around when the agency would determine expenses paid on behalf of a foreign official to be deemed “reasonable and bona fide.”
2023-08-25T17:10:00Z By Jeff Dale
The Securities and Exchange Commission ordered 3M to pay nearly $6.6 million for alleged violations of the Foreign Corrupt Practices Act regarding hidden travel perks its foreign subsidiary made to government officials in China.
2025-04-28T21:38:00Z By Aaron Nicodemus
Whistleblowing in the United States is being buffered by uncertainty from regulators who are backing off policing corruption and consumer protections. Regulators like the Department of Justice and the Securities and Exchange Commission are being thrown into disarray by layoffs and restructuring. Still, whistleblowers will likely continue coming forward.
2024-08-27T14:09:00Z By Adrianne Appel
Two pairs of claimants will receive whistleblower awards totaling more than $98 million and $24 million, respectively, for information they provided to the Securities and Exchange Commission that led to an enforcement action.
2024-08-23T15:47:00Z By Neil Hodge
Discrimination against whistleblowers in the U.K. has risen to such a level that the government may need to actively pursue plans to afford greater legal protection, as well as introduce financial awards to compensate for their “career suicide.”
Site powered by Webvision Cloud