Whistleblower tip
News, Whistleblower

SEC Awards $22 Million to Two Whistleblowers

Views:

The SEC announced awards totaling approximately $22 million to two whistleblowers whose information and assistance was of crucial importance to successful SEC enforcement actions brought against a financial services firm.

The first whistleblower received an award of $18 million, while the second whistleblower received a $4 million award. The larger award was in recognition of the fact that, among other things, the first whistleblower was the initial source of the investigation while the second whistleblower submitted information much later after the investigation was already underway.
Read the Full Press Release

Sallah Astarita & Cox is a national securities law firm that represents investors, financial professionals, and whistleblowers across the country. Have a securities law question? Call Sallah Astarita & Cox at 212-509-6544.

The Securities Law Blog is a service of SECLaw.com, and Mark Astarita, a well-known, national securities lawyer

Mark J. Astarita
Securities Attorney at Sallah Astarita & Cox | 212-509-6544 | mja@sallahlaw.com | Website | + posts

Mark Astarita is a nationally recognized securities attorney, who represents investors, financial professionals and firms in securities litigation, arbitration and regulatory matters, including SEC and FINRA investigations and enforcement proceedings.

He is a partner in the national securities law firm Sallah Astarita & Cox, LLC, and the founder of The Securities Law Home Page - SECLaw.com, which was one of the first legal topic sites on the Internet. It went online in 1995 and is updated daily with news, commentary and securities law related links.

The Securities Lawyer