Hagens Berman: Whistleblower Attorney Steve Berman Comments on Record IRS Whistleblower Award
Steve Berman, managing partner at Hagens Berman, a nationwide whistleblower protection law firm, today lauded an award the Internal Revenue Service made to former Swiss banker Bradley Birkenfeld for providing information on tax evasion at his employer, UBS AG (NYSE: UBS).
“Today's announcement by the IRS of a $104 million award to a whistleblower is good news for anyone who is concerned about fairness in our tax system,” Berman said. “The amount of the award to Mr. Birkenfeld signifies two things: that the IRS is taking information provided by whistleblowers seriously, and that the whistleblower program can handsomely reward those who step forward with evidence of wrongdoing.”
Mr. Birkenfeld alleged that his employer, UBS AG, helped rich Americans evade billions of dollars in taxes by hiding money in UBS' Switzerland bank. The company was ultimately fined $780 million for its role in the scheme.
“The IRS whistleblower program is a crucial tool – especially in a time of fiscal challenges – to make sure that corporations and financial institutions pay their fair share,” Berman added.
“Hagens Berman represents whistleblowers with potential claims under the IRS program. We encourage individuals with claims to consult with an experienced whistleblower attorney to learn about their rights and responsibilities as a whistleblower under the program,” he concluded.
More information about Hagens Berman's whistleblower practice can be found at www.hb-whistleblower.com.
About Hagens Berman
Seattle-based Hagens Berman Sobol Shapiro LLP represents workers, whistleblowers, investors and consumers in complex litigation. The firm has ten offices throughout the country and has been named one of the top plaintiffs' firms in the country five times. More about the law firm and its successes can be found at www.hbsslaw.com. Visit the firm's class-action law blog at www.classactionlawtoday.com.
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