By Steve Kardell | Published October 4, 2018 | Posted in Whistleblower Litigation | Tagged Tags: Dallas attorney, SEC whistleblower award, whistleblower award |
Recent Whistleblower Cases, Court Decisions Further Incentivize Whistleblowers to Come Forward
The federal government has done an excellent job of incentivizing whistleblowers to come forward with information about securities laws violations in recent years, thanks to the numerous protections it has added for people who report this information. Now, record awards from the U.S. Securities & Exchange Commission and recent Supreme Court rulings have made it Read More
Read MoreIs it Possible to Receive an SEC Whistleblower Award When Reporting Financial Fraud?
The U.S. Securities & Exchange Commission’s whistleblower program allows eligible whistleblowers to obtain monetary awards when providing the agency with original information about securities violations, which may include financial fraud. If the SEC uses the information you provide to bring a successful enforcement action against the offender, you could receive anywhere from 10 to 30 Read More
Read MoreSEC Awards More than $16 Million to Pair of Whistleblowers
On November 30, the U.S. Securities and Exchange Commission (SEC) Office of the Whistleblower announced a new award of more than $16 million paid to two whistleblowers. Each received an award of more than $8 million. According to the limited information released by the SEC, the first whistleblower provided the agency with original, important insights, Read More
Read MoreSEC Awards Whistleblower $500,000 After Tip About Misconduct
In May, the U.S. Securities and Exchange Commission (SEC) awarded a whistleblower more than $500,000. The company insider had provided valuable information to the agency that “prompted an SEC investigation into well-hidden misconduct” and led to a successful agency enforcement action. The award marked the second in a week by the SEC after more than Read More
Read MoreSEC Whistleblower Awarded Nearly $4 Million
The U.S. Securities and Exchange Commission (SEC) announced a new whistleblower award in April. This time, the payout was worth nearly $4 million for a whistleblower who provided a valuable tip to the agency, and then assisted with the follow-up investigation. According to the SEC, the whistleblower provided the agency with “detailed and specific information Read More
Read MoreWhistleblower Collects Award Worth $900,000 from SEC
In the latest U.S. Securities and Exchange Commission (SEC) whistleblower award, an unidentified insider received $900,000 for his or her role in uncovering corporate or agency wrongdoing. According to the SEC, the whistleblower provided key information that played a role in helping the agency bring successful enforcement actions against several parties. The agency announced the Read More
Read MoreLatest SEC Whistleblower Award Worth $3.5 Million
On Monday, December 5, the U.S. Securities and Exchange Commission (SEC) provided a whistleblower with an award worth approximately $3.5 million for providing unique, specific information that led to a successful enforcement action. Two other whistleblowers in the same action had their claims denied. The SEC did not identify the enforcement action or the whistleblowers, Read More
Read MoreSEC Pays Out Second-Highest Whistleblower Award Ever in June
In early June, the U.S. Securities and Exchange Commission (SEC) gave out the second-highest whistleblower award since 2011, the year its whistleblower program was established after the passage of the Dodd-Frank Act. The award, for $17 million, went to an individual who significantly advanced an agency investigation, allowed the SEC to save time and resources Read More
Read MoreSEC Announces $3.5 Million Whistleblower Award
The U.S. Securities and Exchange Commission (SEC) recently announced a $3.5 million whistleblower award, the first of three awards handed out within the span of a week. The whistleblower was an employee who provided a unique, helpful tip that gave new life to an ongoing investigation on a company. The additional evidence of wrongdoing provided Read More
Read MoreSEC Hands Out $5 Million Award to Whistleblower
The U.S. Securities and Exchange Commission (SEC) announced in mid-May that it will award a whistleblower $5 million to $6 million for the person’s assistance in a recent investigation. The whistleblower was a former company insider who provided a detailed, unique tip that led the SEC to uncover significant securities violations it never would have Read More
Read More
