Ky. House Passes Whistleblower Bill

Law360, New York (February 15, 2011, 6:41 PM EST) -- The Kentucky House of Representatives has unanimously approved legislation that would allow whistleblowers to collect up to 30 percent of damages if they bring a successful suit over fraud involving state dollars.

In a 98-0 vote Monday, the Kentucky House passed House Bill 4 — otherwise known as the Kentucky False Claims Act — providing financial incentives and other guidelines for private citizens to bring legal action against state contractors who commit fraud.

The bill now proceeds to the Kentucky Senate for deliberation.

Modeled after the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.