Kirby McInerney LLP Announces Creation of DOJ Antitrust Whistleblower Practice
The DOJ Antitrust Division's Whistleblower Rewards Program offers rewards for individuals who report antitrust crimes and related offenses that harm consumers, taxpayers, and free market competition. Under the program rules, whistleblowers who voluntarily report original information about antitrust and related offenses that result in criminal fines or other recoveries of at least $1 million may be eligible to receive a whistleblower reward. Subject to the discretion of the Antitrust Division, if a whistleblower is eligible for an award the presumptive award amount will be between 15 and 30% of the amount of the criminal fine or recovery.
'Kirby McInerney has developed one of the leading whistleblower practices in recent years. The Firm also has decades of experience litigating some of the most cutting-edge areas of antitrust and market manipulation cases,' said David E. Kovel, Co-Managing Partner, will lead the Firm's new practice. Mr. Kovel added, 'Kirby McInerney looks forward to bringing these experiences together to represent whistleblowers under the new DOJ Antitrust Whistleblower Program.'
Kirby McInerney's extensive antitrust experience prosecuting cases against corporations for violations of the full breadth of antitrust laws: illegal price fixing, unlawful monopolization, monopoly leveraging, illegal tying arrangements, illegal mergers or acquisitions, unfair competition, exclusive dealing, and refusals to deal.
In the whistleblower context, Kirby McInerney represented the whistleblower who received the largest CFTC whistleblower award ever and the second largest whistleblower award arising under the Dodd-Frank and IRS whistleblower programs. That whistleblower received nearly $200 million in connection with recoveries by the CFTC and other regulators of billions of dollars from global banks who were alleged to have manipulated benchmark interest rates to illegally enrich itself to the detriment of other market participants.
If you are aware of potential violations of antitrust laws and would like to discuss them with a member of Kirby McInerney's DOJ Antitrust Whistleblower Rewards Program team, please contact us at our dedicated whistleblower line, 212-699-1160, or by filling out this form.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. Additional information about the firm can be found at Kirby McInerney LLP's website.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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