News

KM Partner Randall Fox was quoted by Bloomberg Tax on April 3 in an article discussing a California bill (S.B. 799) recently introduced by State Attorney General Rob Bonta and Sen. Ben Allen to include tax matters within the state’s whistleblower law, the California False Claims Act.  The bill is modeled on New York’ State False Claims Act, which has applied to tax violations since 2010, and has resulted in the recovery of more than $674 million by the state and local governments.  Mr. Fox, the former (and founding) Bureau Chief of New York Attorney General’s Taxpayer Protection Bureau who now represents whistleblowers, expressed support for the bill.

NEW YORK -- KM Partner Randall Fox was quoted by Law360 on January 28 in an article discussing what to expect for the IRS Whistleblower Office under the Trump Administration.  Since assuming office on January 20, President Trump has begun staffing and budget cuts across government departments. However, there are hopes that the office – which helps to efficiently identify illicit tax activity while rewarding and protecting those that bring it to light – will be seen as aligning with the administration’s goals and remain unscathed.

NEW YORK -- KM Partner Randall Fox was quoted by Tax Notes on November 21 in an article discussing Sotheby’s recently announced $6.25 million settlement with the Office of New York Attorney General Letitia James resolving charges that the auction house helped clients to dodge millions of dollars in taxes.

KM partners Daniel Hume, Tom Elrod, and associate Lauren Wands have filed an amicus brief in the United States Court of Appeals for the Eighth Circuit in support of the SEC's recently introduced climate disclosure regulations.

NEW YORK - Partner David Kovel commented to the Wall Street Journal in support of a new pilot whistleblower program launched on August 6 by the U.S. Department of Justice.  The program is intended to bridge gaps left between similar, existing incentive programs overseen by other agencies.  

Kirby McInerney LLP, alongside Co-Lead Counsel Scott+Scott LLP and Cafferty Clobes Meriwether & Sprengel LLP, reached a $35 million settlement with Apple Inc. The settlement provides refunds to consumers who were tricked by third-party scammers into buying Apple iTunes and AppStore gift cards and providing the codes to the scammers under false pretenses.