Welcome to the award-winning FCPA Compliance Report, the longest running podcast in compliance.
In this edition of the FCPA Compliance Report, Tom Fox welcomes back the well-known white collar defense practitioner and contrarian, Jon May, as we take a deep dive into May’s concerns with the new DOJ Whistleblower Financial Incentive Program.
Jon May is a renowned legal expert known for assisting fellow attorneys in developing innovative solutions for complex cases. With extensive experience, May has authored papers critiquing the Department of Justice’s Corporate Whistleblower Program, arguing that it is fatally flawed due to the DOJ’s inherent hostility towards whistleblowers and lack of enforceable rights for them. He highlights significant practical issues within the program, such as the stringent requirement for complete cooperation and the misconception that whistleblowers are solely motivated by monetary rewards. By drawing attention to these critical flaws, May advocates for necessary reforms to make the program more effective and fairer.
Highlights in this Episode:
Flaws in DOJ’s Whistleblower Reward System
Unfair Reward System for Whistleblowers
Financial Hurdles in SEC Whistleblower Program
Risks and challenges of DOJ whistleblower cooperation
Whistleblower rewards in corporate enforcement policies
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