Matthews Quoted on Dodd-Frank

Foley Partner Michael Matthews was quoted in an article that appeared in the Tampa Bay Business Journal on June 17, 2011 titled “Litigators Stay Busy with False Claims, Defects.” Matthews discusses a predicted increase in litigation driven by the final Dodd-Frank rules on whistleblowers, stating that whistleblowers can now go straight to the Securities and Exchange Commission with complaints rather than reporting them through an internal compliance process first. He notes that financial incentives which allow whistleblowers to share in a portion of recovered money adds to the dynamics that are likely to impact the volume of litigation in the coming years.