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
SEC Issues Multiple Whistleblower Awards Totaling Nearly $3 Million
The Securities and Exchange Commission today announced whistleblower awards to five individuals for information provided in three different enforcement actions for combined payments of nearly $3 million. In the first order, the SEC awarded the… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
SEC Awards Over $6 Million to Joint Whistleblowers
The Securities and Exchange Commission today announced an award of over $6 million to joint whistleblowers whose information and assistance led to the successful enforcement of SEC and related actions. The whistleblowers’ substantial assistance,… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
Whistleblower Award for New Analysis, Not New Information
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 […]
SEC Awards More Than $3.6 Million and $750,000 in Separate Whistleblower Awards
The Securities and Exchange Commission today announced two separate whistleblower awards for total payments of over $4.3 million. In the first order, the Commission awarded a whistleblower over $3.6 million for providing important information that… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
SEC Awards Over $28 Million to Whistleblower
The Securities and Exchange Commission today announced an award of over $28 million to a whistleblower who provided significant information that aided the SEC in bringing a successful enforcement action. The whistleblower internally reported… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox at […]
SEC Awards Over $10 Million to Whistleblower
The Securities and Exchange Commission today announced an award of over $10 million to a whistleblower whose information prompted the opening of an investigation and provided substantial, ongoing assistance to SEC staff throughout the investigation.… Read the Full Press Release Have a securities law question? Call Sallah Astarita & Cox […]
SEC Issues Record $114 Million Whistleblower Award
he Securities and Exchange Commission today announced an award of over $114 million to a whistleblower whose information and assistance led to the successful enforcement of SEC and related actions. The $114 million award consists of an approximately $52 million award in connection with the SEC case and an approximately […]
SEC Whistleblower Program Ends Record-Setting Fiscal Year With Four Additional Awards
The 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 […]
SEC Awards Almost $30 Million to Two Insider Whistleblowers
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 […]