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 […]
Tag: Whistleblower
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 […]
SEC Issues $1.8 Million Whistleblower Award to a Company Outsider
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 […]
SEC Issues Two Whistleblower Awards for High-Quality Information Regarding Overseas Conduct
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 […]
SEC Adds Clarity, Efficiency and Transparency to Its Successful Whistleblower Award Program
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. […]
Whistleblowers Receive $2.5 Million for Detailed Analysis That Led to Successful Actions
The Securities and Exchange Commission today announced an award of over $2.5 million to joint whistleblowers whose tip based largely on highly probative independent analysis of a public company’s filings led to several successful enforcement actions.… Read the Full Press Release Have a securities law question? Call Sallah Astarita & […]
SEC Awards Over $1.25 Million to Whistleblower
The Securities and Exchange Commission today announced an award of over $1.25 million to a whistleblower whose significant information prompted the agency to initiate a cause examination and bring an enforcement action that resulted in the return of… Read the Full Press Release Have a securities law question? Call Sallah […]
Another Whistleblower Award – $18 Million to Whistleblower
The SEC awarded more than $18 million to a whistleblower whose significant information prompted an examination that resulted in an important enforcement action. The SEC has awarded over $448 million to 81 individuals since issuing its first award in 2012. Whistleblowers may be eligible for an award when they voluntarily […]
Another SEC Whistleblower Award – $2 Million
A flurry of whistleblower awards are coming out of the SEC. Yesterday it announced an award of approximately $2 million to a whistleblower who, according to the Commission “provided vital information and assistance that substantially contributed to an ongoing investigation. The whistleblower’s information would have been difficult for the agency […]
