Free Republic

Jeffrey Wertkin had a plot to bring in business and impress his new partners after joining one of Washington’s most influential law firms. As a former high-stakes corporate-fraud prosecutor with the Department of Justice, he had secretly stockpiled sealed lawsuits brought by whistleblowers. Now, he would sell copies of the suits to the very targets of the pending government investigations — and his services to defend them. ... Wertkin has admitted hawking sealed files he spirited out of the Justice Department’s civil-fraud division where he worked for six years until 2016. He walked out, court records state, with files for...

http://www.cnsnews.com/ViewPrint.asp?Page=/Commentary/archive/200604/COM20060407a.html Time to Rein in the False Claims Act By Richard Samp CNSNews.com Commentary April 07, 2006 The federal False Claims Act (FCA) has long been recognized as a full employment act for plaintiffs' lawyers. The game is to encourage fired employees to pose as "whistleblowers," reporting to the federal government on their former employees' alleged wrongdoing. They file suit in the name of the United States as "private attorneys general," and then demand a 30 percent cut of whatever the employer pays in settlement to make the case go away. In the process, the good names of reputable companies...

Americans are becoming only too aware of the financial tricks and deceit in which some of the nation's largest and most respected corporations engaged during the Clinton administration to pump up stock prices with fraudulently inflated profits. When the huge bubble no longer could be sustained the men and women at the top would bail out of their stock and pocket millions, leaving pensioners and other investors holding an empty bag. To market insiders these are known as "pump and dumps." While federal investigators are looking into the corporate malfeasance at Enron, WorldCom, Qwest Communications, AOL Time Warner and...