By Steve Kardell | Published September 2, 2021 | Posted in Whistleblower Litigation | Tagged Tags: $23 Million, $928 million paid out to 166 individuals, experienced whistleblower lawyer, SEC’s whistleblower program |
The U.S. Securities and Exchange Commission (SEC) recently announced a pair of new whistleblower awards, totaling $23 million. The Commission made the announcement on June 2, stating the whistleblowers in question provided valuable information that led to a successful enforcement action by the SEC and another partnering agency. The awards were for $13 million and Read More
Read MoreThe U.S. Securities and Exchange Commission (SEC) recently released its 2019 Annual Report to Congress overviewing its highly successful whistleblower award program. According to the report, the program continues to protect investors and promote a strong market integrity while richly rewarding people who come forward with unique, actionable information in a timely manner. Since the Read More
Read MoreThe Commodity Futures Trading Commission (CFTC) announced it gave a whistleblower award of $1.5 million to a whistleblower, recognizing that individual’s contribution of significant evidence to the CFTC after first reporting his or her concerns internally. While there is no requirement that whistleblowers make the reports internally first, the commission is likely to give larger awards to Read More
Read MoreA pair of whistleblowers shared in a $50 million award from the Securities and Exchange Commission (SEC) for providing unique information that helped the agency bring an end to misconduct by JPMorgan Chase. The major financial institution allegedly hid information on some of its conflicts of interest from consumers, resulting in a $307 million SEC Read More
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