Health News Florida reported today, that Sean Hellein, the primary whistleblower in the WellCare fraud case, has agreed to settle. In filings with the SEC, WellCare said that the settlement is $137.5 million. Sean Hellein stands to receive a substantial settlement -15% or more of the recovery - for being the chief whistleblower.
Being a whistleblower in a government fraud lawsuit can be very rewarding. But if you have information that could be used against your employer, you need to protect your interests and insure you are recognized as the primary whistleblower. You should contact a law firm that handles Labor and Employment law prior to sharing your information with anyone.
What is a Whistleblower Lawsuit?
Whistleblower lawsuits are also known as Qui Tam lawsuits. Qui Tam lawsuits fall under the False Claims Act (FCA 31 U.S.C. §§ 3729-3733, also called the "Lincoln Law"). This allows a private citizen who discovers fraudulent activity against the government to file a whistleblower lawsuit.
The individual that reports the fraud can be compensated with a percentage of the money recovered by the CFTC (Commodity Futures Trading Commission) or the SEC (Securities & Exchange Commission). Most Qui Tam lawsuits involve huge amounts of money - millions, sometimes billions of dollars. Therefore, the recovery payout to the whistleblower can be significant.
Feldman Fox & Morgado litigates Whistleblower claims across the State of Florida in both State and Federal Court. We are Whistleblower Act attorneys who handle Qui Tam cases and Class Action Cases Nationwide. Se Habla Español.
With offices in Tampa, Ocala, Miami, Naples, Jacksonville, West Palm Beach and Fort Lauderdale, we cover Florida including Gainesville, Clearwater, Lakeland, St. Petersburg, Sarasota, Bradenton and Fort Myers. Covering the US, Feldman, Fox & Morgado also has offices in Atlanta, New York City, Washington D.C. and Stamford Connecticut to serve you.