Seeking To Incentivize Voluntary Disclosure, DOJ Rolls Out New Whistleblower Pilot Program

Earlier this month, the DOJ officially unveiled its corporate whistleblower awards pilot program, which is designed to encourage and incentivize both individual whistleblowers and companies that voluntarily disclose information. With employees more likely than ever to report misconduct, a group from Cadwalader, Wickersham & Taft say companies need to work quickly to adapt.

On Aug. 1, the DOJ officially unveiled its corporate whistleblower awards pilot program. The three-year program aims to broaden the range of corporate misconduct that may lead to rewards for individuals who report to the government. Like other government whistleblower rewards programs, the DOJ's pilot program is designed to incentivize both the reporting of corporate criminal wrongdoing by individuals seeking monetary rewards and the voluntary disclosure of information by companies seeking to maximize the potential benefits of voluntary disclosure and cooperation under the DOJ's corporate