Andrew Schilling Quoted in Wall Street Journal Article "Holder Proposes Bigger Rewards for Wall Street Whistleblowers"Andrew W. Schilling
Andrew Schilling was quoted in Devlin Barrett's Wall Street Journal article "Holder Proposes Bigger Rewards for Wall Street Whistleblowers" on September 17, 2014.
Former Justice Department lawyer Andrew Schilling, now at Buckley Sandler LLP, where he specializes in False Claims Act and Firrea cases, said he was unaware of the government having ever announced a whistleblower payout in a case based solely on Firrea law claims.
The Firrea law "was used very rarely and in very small cases on and off since 1989, and it wasn't until 2010 that the U.S. attorney's office in New York started bringing cases with Firrea claims in them, and then it sort of took off,'' Mr. Schilling said.
Mr. Schilling said the attorney general's proposal "raises the question whether the Firrea bounties are too low or whether those others are too high. A lot of people would say you don't need a $500 million reward to incentivize someone to come forward. You'd have to worry about the credibility of a whistleblower who would come forward only if they're offered $50 million."