The Way the Whistle Blows
The number of whistleblower complaints is trending upwards, with rates growing exponentially worldwide. The SEC reportedly paid out approximately $564 million to whistleblowers in the 2021 fiscal year alone, and during the same period, DOJ recovered $1.6 billion from False Claims Act actions filed by whistleblowers. Across Europe, analysts forecast higher rates of complaints due to the increased whistleblower protections implemented by the new EU Whistleblowing Directive. Regulators and courts are expanding whistleblowers protections, and companies are expected to take proactive measures to comply with regulators’ Good Practice Guidance.
Cooley partners and representatives from leading technology companies will dissect the latest whistleblower trends and where regulators from the US, EU and UK are likely to focus their attention. Company representatives will also weigh in on why implementing innovative tech-backed whistleblower programs as internal control is vital to appropriately handle complaints, identify and anticipate patterns, mitigate risk for both employees and employers, and prepare companies if they are met with regulatory inquiries.
- Update on whistleblower trends at SEC and DOJ
- An outline of the EU Whistleblowing Directive, why it matters and tips on how to deal with its impact
- Best practices in handling whistleblower investigations
- Leveraging technology to establish strong compliance programs and accessible reporting outlets for employees
Tom Epps – Moderator – Partner, Cooley
Damien Atkins – Chief Legal Officer and General Counsel, Aura
Shamis Beckley – Partner, Cooley
Ann Bevitt – Partner, Cooley
Russell Capone – Partner, Cooley
Neta Meidav – Cofounder & CEO, Vault Platform
For more information, please email Deborah Argueta.