Incentivizing whistleblowers in the auto industry could help the government protect American families from unsafe vehicles ...
Philadelphia, PA (PRWEB) February 13, 2015
McEldrew Young, a Philadelphia law firm representing whistleblowers, has released a video on U.S. Senate Bill S. 304, the Thune-Nelson Motor Vehicle Safety Whistleblower Act. It was originally introduced last Congress on November 20, 2014 as S. 2949. Eric L. Young, Esq., a Partner at McEldrew Young, discusses the components of the bill in the eight minute video and suggests three improvements to encourage more auto whistleblowers to come forward.
“The auto industry has been accused of putting millions of families at risk by delaying recalls and failing to report safety data to the government,” stated Young. “Incentivizing whistleblowers in the auto industry could help the government protect American families from unsafe vehicles in the same way that Dodd-Frank protects investors and the False Claims Act protects the public fisc.”
As currently written, the bill provides the Secretary of Transportation the discretion to offer employees of automobile manufacturers, parts suppliers and dealerships rewards of up to 30 percent of penalties when the Department of Justice or Department of Transportation collects more than $1 million. It does not contain anti-retaliation measures to protect them in case of retaliation for providing the government information.
According to Young, the legislation would be substantially improved by expanding eligibility for awards beyond the categories of insiders listed in the bill, moving from discretionary to mandatory rewards and offering anti-retaliation protections to individuals who come forward.
“The Thune-Nelson bill is a step in the right direction,” commented Young. “A few changes could make it a powerful tool in the government’s arsenal against corporate misconduct.”
The video can be found at http://www.mceldrewyoung.com/whistleblowers/auto/
About Eric L. Young, Esq.
Eric Young is a nationally recognized whistleblower attorney with more than 40 client tips under active investigation by the Department of Justice, Internal Revenue Service and the Securities & Exchange Commission. He represented the whistleblower receiving the first mandatory award under IRS Code Section 7623(b) and served as an expert witness in litigation surrounding the largest tax whistleblower award.
About McEldrew Young
McEldrew Young is a law firm based out of Philadelphia, PA representing DOJ, SEC, CFTC and IRS whistleblowers under the False Claims Act, Dodd-Frank Act and IRS Section 7623(b). Attorneys at the firm also represent individuals in litigation resulting from catastrophic injuries involving medical malpractice, transportation accidents and FELA claims of railroad workers. Additional information about the firm can be found at http://www.mceldrewyoung.com/
Attorney Advertising. Prior results do not guarantee or predict a similar outcome with respect to any other matter.