Whistleblower & Qui Tam Litigation Funding

Qui tam and other whistleblower proceedings, in general, are designed to safeguard the integrity of government income and procurement processes by encouraging a person with clear knowledge of wrongdoing to file a suit on behalf of the government and receive a reward, which is typically a portion of the money recovered (between 15% and 30%). 

People are compelled to expose their employers if they deceive the federal government. This is regarded as whistleblowing because, in a qui tam lawsuit, the plaintiff will sue on behalf of the state and obtain part of the recovery. A qui tam claim is a lawsuit brought under the False Claims Act (FCA) against a corporation that committed fraud or otherwise made a wrongful claim against the United States government. 

Whistleblowers are considered beneficial for revealing the fraud committed against the government by fraudulent companies. However, they are only compensated when they win a case after exposing a company’s illegal practices. In a qui tam litigation, whistleblowers earn a share of the civil settlement paid by the defendant to the state.

There is also the SEC whistleblower program which rewards whistleblowers that present evidence leading to successful SEC enforcement against those who violate U.S. Securities Laws. Unlike other qui tam government programs, SEC whistleblowers can remain anonymous. 

Bringing wrongdoing to awareness takes a lot of bravery, and it can be challenging to do because even the most severe qui tam lawsuits can take a long time to settle.

Although OSHA enforces whistleblower laws on more than 20 employer anti-retaliation whistleblower statutes, often, claimants are unable to make ends meet due to adverse actions committed against them. Until OSHA determines the need for an investigation, waiting for a settlement, particularly when fired, can be financially draining. Companies dig in their heels to battle, and you will not see a monetary reward for your integrity for a long time.

Baker Street Funding is specialized in providing funds for most whistleblower cases including medication fraud, Medicare/Medicaid fraud, IRS tax evasion, and misconduct, defense contractor fraud, securities and commodities fraud, education services fraud, and financial and investment fraud. Request a case evaluation from one of our experts today.