IRS' $104M Whistleblower Award May Curb In-House Reporting

Law360, New York (September 12, 2012, 9:08 PM EDT) -- A staggering $104 million whistleblower award issued Tuesday by the Internal Revenue Service armed plaintiffs attorneys with a powerful new recruitment tool and promises to make it more difficult for companies to convince their employees to report misconduct internally, experts say.

The IRS gave the unprecedented award to Bradley Birkenfeld, a former UBS AG employee who helped expose the Swiss bank’s efforts to shield U.S. clients from taxes. Birkenfeld, who pled guilty and recently served 2 1/2 years in prison for his role in the scheme, provided information that enabled the U.S. government to obtain a $780 million settlement with UBS...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!