Securus America Technologies is a leading provider of civil and criminal justice technology solutions for public safety,investigation, corrections and monitoring. The A+ rated company by the BBB announced that a release of facts, findings, multiple reports and articles will highlight integrity breaches and wrongdoings by Global Tel Link which is an inmate communications provider.
Read more at Wikipedia about Securus.
The press release by Securus Technologies marks the start of many articles by Securus, that will call to attention the wrongdoings and integrity breaches by Global Tel Link (GTL). Securus Technologies’ Chef Executive Officer, Richard A. Smith, said on PR Newswire’s interview that it offended him when a carrier stoops below the integrity bar that most carriers have – but GTL does not. He added that the mission of the company is more than just making money but to have the customer’s best interest at heart when serving them.
Read full article here: http://www.prnewswire.com/news-releases/securus-corrects-inaccuracies-in-global-tel-links-gtl-press-release-300282563.html
Louisana Public Service Commission made a formal order No. U-20784-B. The order regarded actions of GTL when they provided outbound telecom services to thousands of inmates at the Louisiana Department of Corrections. The findings from the GTL investigations by Louisiana PSC were as follows:
• GTL, unlawfully programmed their telephones’ clocks to add either 15 or 36 seconds to the duration of each call.
• With no authorization, Global Tel Link programmed call rates of telephones to higher rates that were not permitted either under PSC rate caps or GTL’s tariffs.
• GTL engaged in the practice of billing a single call more than once without authorization.
• The unlawful practices, by GTL, overcharged Louisiana taxpayers in the amount of $1,243,000
Smith strongly stated, while referring to wrongdoings by GTL that playing tricks on customers is a cancer in the industry and time does not in any way take that wrongdoing away.
SEC Whistleblowers came to be when in 2010, Congress had enacted the Dodd-Frank Wall Street Reform along with the Consumer Protection Act, and has been the most sweeping overhaul within the U.S. financial regulation since the Great Depression. Within these important reforms, the new whistleblower program was established by the Dodd-Frank Act, the whistleblower program provided significant employment protections and financial incentives to the individuals that report possible violations to the federal securities laws in the Securities and Exchange Commission. In response to the historic legislation, Labaton Sucharow is the first law firm in the country that established the practice that exclusively focused on advocating and protecting for the SEC Whistleblowers. In building on the firm’s market-leading securities litigation, the SEC Whistleblower lawyers have leveraged on financial analysts, a world-class in-house team of investigators, and forensic accountants with state and federal law enforcement experience that helps to provide for the unparalleled representation of whistleblowers. Jordan A. Thomas, who is the former Assistant Chief Litigation Counsel and Assistant Director for the division of enforcement for the SEC. While with the SEC, Jordan has played a leadership role within the development in the Whistleblower Program, which included the final implementing rules and drafting the proposed legislation. In the rules of the program, it is required that the SEC pays for eligible whistleblowers 10 to 30 percent of monetary sanctions that are collected in result of successful SEC enforcement actionsor actions that have sanctions that exceed $1 million.
On June 9th, the securities and exchange commission that more than $17 million was awarded to a former company employee who had a detailed tip that substantially advanced in the agency’s investigation and ultimate enforcement action. This is the second-largest award that has been issued by the SEC since it began the whistleblower program nearly five years ago. The SEC had issued an award of $30 million in September of 2014, and in October of 2013, there was an award of $14 million. In addition to the $17 million awarded, 32 tipsters have been awarded through the agency with more than $85 million in that time. The Whistleblowers are eligible to receive an award if they have voluntarily provided the SEC with information that is unique and will lead to successful enforcement actions. The identity of the whistleblower has always remained anonymous for his or her safety.