Bloomberg Law
Oct. 18, 2016, 10:35 PM UTC

Bentham IMF Looks to Finance Whistleblowers

Gabe Friedman
Freelancer

Bentham IMF, the U.S. subsidiary of the publicly traded Australian litigation finance firm of the same name, announced on Tuesday it is unrolling a new program to finance whistleblower lawsuits.

The most standard type of whistleblower suit is filed under the False Claims Act, and allows a person to file a civil claim against a business or individual that is defrauding the U.S. Treasury. That person is entitled to a percentage of any money that is recovered for the Treasury as a result of their suit.

Often, whistleblower lawyers work on a contingency basis, and take their fees out of the recovery, so ...

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