New York Becoming the Leading Venue for Financial Fraud Whistleblower Suits
Bloomberg BNAMatthew P. Previn, Andrew W. Schilling
Prolific bank robber Willie Sutton reportedly once said he robbed banks because "that's where the money is." Judging by recent trends, whistleblowers might now give the same reason for filing their financial fraud suits in New York, which has quickly become the venue of choice for financial fraud whistleblowers suing under the False Claims Act.
©Bloomberg/BNA 2012, reprinted with permission.