By Steve Kardell | Published July 18, 2016 | Posted in Whistleblower Litigation | Tagged Tags: whistleblower award |
The U.S. Securities and Exchange Commission (SEC) will hand out a total of $450,000 split between two individuals who tipped off the agency to an incident of corporate wrongdoing and provided valuable assistance in the ensuing investigation. This was the third whistleblower award the SEC handed out within a single week span, with the total Read More
Read MoreA former employee of the Colorado Department of Corrections was awarded $280,000 in a settlement after filing a whistleblower complaint accusing officials in state prisons of fudging figures about mentally ill and/or violent convicts. The whistleblower is Maureen O’Keefe, the former director of the Colorado DOC’s Office of Planning and Analysis. In her complaint, she Read More
Read MoreThe U.S. Securities and Exchange Commission (SEC) continues to hand out large financial awards to whistleblowers under its program created by the Dodd-Frank Act of 2010. Any whistleblower tips that lead to enforcement action worth more than $1 million in monetary damages make whistleblowers eligible for a 10 to 30 percent cut of the collected Read More
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