The Law of the Financial Markets Monday, May 17, 2021
The SEC has announced awards totaling more than $1.1 million to five whistleblowers who provided high-quality information that led to successful enforcement actions. In the first order, the SEC awarded three whistleblowers almost $500,000 in connection with two related enforcement actions. The first whistleblower provided information that prompted the opening […]
The Securities and Exchange Commission today announced whistleblower awards in connection with three separate enforcement actions totaling over $3.6 million. In the first order, where the whistleblower was represented by Sallah Astarita & Cox, LLC, the SEC awarded a whistleblower over $1.8 million for providing significant information about a fraudulent […]
The SEC announced an award of more than $300,000 to a whistleblower whose high-quality information and continuing assistance significantly contributed to a successful enforcement action. According to the press release, the whistleblower became aware of the potential securities law violations in connection with audit-related responsibilities. Although individuals with audit or […]
Whistleblower awards are typically given to individuals who provide new information or leads to the SEC which results in significant sanctions. In November, the SEC has announced an award of over $1.1 million to a whistleblower who did not provide new information for an investigation, but rather provided independent analysis […]
he Securities and Exchange Commission today announced awards to four individuals for total payments of almost $5 million. Each of these whistleblowers provided critical information that alerted the Commission of the alleged wrongdoing and resulted in successful enforcement action. This year the SEC has made a record 39 individual awards of approximately […]
The Securities and Exchange Commission today announced an award of almost $30 million to two insider whistleblowers whose tips led SEC staff to open an investigation. The first whistleblower, who was the first to alert SEC staff of potential… Read the Full Press Release Have a securities law question? Call […]
The Securities and Exchange Commission today announced an award of over $1.8 million to a company outsider, who expeditiously reported significant information to the Commission about ongoing securities law violations. “Today’s award marks a… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
The Securities and Exchange Commission today announced two separate whistleblower awards for total payments of over $2.5 million. In the first order, a whistleblower was awarded over $1.8 million for taking both personal and professional risks in… Read the Full Press Release Have a securities law question? Call Sallah Astarita […]
The Securities and Exchange Commission today voted to adopt amendments to the rules governing its whistleblower program that are designed to provide greater clarity to whistleblowers and increase the program’s efficiency and transparency. … Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544. […]
The Securities and Exchange Commission today announced an award of more than $10 million to a whistleblower whose information and assistance were of crucial importance to a successful SEC enforcement action. The SEC has awarded approximately $520 million to 94 individuals since issuing its first award in 2012. All payments are […]
