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Whistleblower Is Awarded $2.2M Under Dodd-Frank Safe Harbor Rule

On April 5, 2018, the Securities and Exchange Commission (“SEC”) announced that it has awarded $2.2 million to a whistleblower whose initial tip to another federal agency led to an SEC enforcement action. This marks the first instance in which the SEC has awarded a whistleblower for information from a tip that was previously reported […]

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Media analysis suggests older American workers under pressure

There have always been on-the-job claims that stress unlawful discrimination aimed at older workers. Those allegations are presently increasing, though, contends an in-depth workplace expose. The publication Pro Publica concludes that older workers across the country are facing unprecedented age-bias pressures. The news source stresses that court decisions and trends are simultaneously undercutting their protections. […]

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Supreme Court Narrows Definition of Whistleblower under Dodd-Frank

The Supreme Court has ruled the Dodd-Frank Act only covers whistleblowers who report to the SEC. On February 21, 2018, the United States Supreme Court ruled unanimously in Digital Realty Trust Inc. v. Paul Somers (“Digital Reality Trust”) that the definition of a “whistleblower” under the Dodd-Frank Act is limited to those who report securities […]

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Consolidation of Suits over Alleged Data Breach of Wendy’s Shareholders

On March 30, 2018, the Honorable Timothy S. Black of the U.S. District Court for the Southern District of Ohio consolidated two filed class actions against Wendy’s brought by shareholders, Thomas Caracci and James Graham (“Graham”), accusing the fast-food chain’s top executives and board of directors of making poor security decisions that led to a […]

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Fifth Third Bank Allegedly Charges Double Fees for ATM Usage

A proposed class action was filed in the U.S. District Court for the Middle District of Florida on March 29, 2018 against Fifth Third Bank (“Bank”) by a consumer, Carnell Smith (“Smith”), who claims the Bank fails to properly disclose that it charges consumers out-of-network ATM fees for checking their account balances, among other charges […]